Railroad Giants UP NS Merger Under Regulatory Review
Union Pacific and Norfolk Southern shareholders overwhelmingly supported the merger, aiming to create the first transcontinental railroad in the US, pending STB approval. This move has sparked industry concerns, with CPKC arguing it's not in the best interest. Senators are calling for close scrutiny, and industry associations worry about reduced competition. The merger faces regulatory challenges and a complex interplay of various stakeholders' interests.









