#railroad-merger

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fromFortune
1 day ago
US politics

Over half the workers in the $85 billion Union Pacific/Northern Southern railroads oppose the merger | Fortune

Two major rail unions withdrew support for the $85 billion Union Pacific–Norfolk Southern merger citing safety risks, higher shipping rates, consumer price increases, and disruptions.
fromFortune
2 months ago
Business

Largest rail union backs $85 billion merger after job protections, but critics warn of monopoly risk | Fortune

Union Pacific secured SMART-TD's endorsement for its $85 billion Norfolk Southern acquisition by promising no layoffs, but other unions and shippers remain concerned.
fromFortune
1 day ago
US politics

Over half the workers in the $85 billion Union Pacific/Northern Southern railroads oppose the merger | Fortune

fromFortune
2 months ago
Business

Largest rail union backs $85 billion merger after job protections, but critics warn of monopoly risk | Fortune

more#labor-unions
fromwww.bostonherald.com
4 months ago

Union Pacific and Norfolk Southern confirm merger talks to create coast to coast railroad

Independent railroad analyst Tony Hatch stated that the progress in negotiations indicates that the companies have identified benefits such as efficiency, which would be transferred to customers. This is vital for regulatory approval under the Surface Transportation Board's enhanced competition clause.
Business
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