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Rail Customers Urge Regulators to Block Union Pacific-Norfolk Southern Deal
Last month, Union Pacific said it would buy smaller rival Norfolk Southern in an $85 billion deal to create the first U.S. coast-to-coast freight rail operator and reshape the movement of goods from grains to autos across the country.
Freight Rail Consumer Alliance states its opposition to Union Pacific-Norfolk Southern deal
The most recent organization to come out against the deal is the Freight Rail Customer Alliance (FRCA), a group comprised of large trade associations representing more than 3,500 electric utility, agriculture,
Union Pacific merger with Norfolk Southern would create a coast-to-coast rail system
Omaha-based Union Pacific Railroad’s announcement Tuesday that it is acquiring the Norfolk Southern Railway — a move that would create the first transcontinental, coast-to-coast rail system — drew praise from Nebraska’s public and business leaders.
When the company announced plans in late 2018 to relocate to Atlanta from Virginia, there appeared to be nothing but clear tracks ahead.
US railroad customer groups have demanded regulators block or put onerous conditions on the proposed merger of Union Pacific and Norfolk Southern, as both sides prepare for a regulatory battle over ...
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