Unions Oppose Union Pacific-Norfolk Southern Merger

Markets & Money Today | 2 Min News | The Daily News Now! - A podcast by The Daily News Now! - Wednesdays

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Two major railroad unions withdraw support for Union Pacific and Norfolk Southern merger, citing safety concerns, potential rate hikes, and service disruptions. The Brotherhood of Locomotive Engineers and Trainmen, along with the Brotherhood of Maintenance of Way Employes Division, join other critics like the American Chemistry Council and agricultural groups in opposing the deal. The U.S. Surface Transportation Board will review the merger under a stringent standard, requiring proof it serves the public interest and enhances competition.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.

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