Long Beach approved the joint venture's contract to run rail operations at both ports, advancing Union Pacific's opportunity. The Surface Transportation Board has delayed the handover indefinitely, so the change is not yet assured.
The joint venture could give Union Pacific a role in rail service at both ports. The Surface Transportation Board has paused the change indefinitely while it seeks more information, so the handover is not assured.
Follow Union Pacific (UNP) free. When we publish a story about it, you get the plain-English explanation as an alert.
Get alerts for UNP