Two Rail Unions Oppose $85B UP-NS Merger Plan
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60-Second Summary
Omaha, Neb. — Two major rail unions representing over half of Union Pacific and Norfolk Southern workers announced Wednesday they oppose the proposed $85 billion merger, citing increased safety risks, potential job losses, higher shipping rates and consumer prices, and operational disruptions. The Brotherhood of Locomotive Engineers and Trainmen and the Brotherhood of Maintenance of Way Employes Division join industry groups and competitor BNSF in raising competition concerns; the proposal retains support from the largest conductors’ union and has presidential endorsement, and the Surface Transportation Board will review filings expected later this week. Based on 6 articles reviewed and supporting research.
About this summary
This 60-second summary was prepared by the JQJO editorial team after reviewing 6 original reports from My Northwest, KTAR News, Transport Topics, Post and Courier, Northwest Arkansas Democrat Gazette and Jefferson City News Tribune.
Timeline of Events
- Railroads announced the proposed $85 billion Union Pacific–Norfolk Southern merger plan.
- Industry groups (American Chemistry Council) and competitor BNSF publicly raised competition concerns.
- Two major unions (BLET and BMWED) decided to oppose the merger and scheduled a public announcement (Dec. 17).
- Railroads were expected to file a formal application for the merger later that week.
- The Surface Transportation Board will review stakeholder input to decide if the merger serves the public interest.
- Articles Published:
- 6
- Right Leaning:
- 0
- Left Leaning:
- 0
- Neutral:
- 6
- Distribution:
- Left 0%, Center 100%, Right 0%
Competing railroads, certain shippers, and investor stakeholders could benefit from increased market power and potential efficiency gains if the merger proceeds.
Rail workers represented by opposing unions, shippers concerned about higher rates, and consumers facing price increases could suffer harm if competition diminishes.
After reading and researching latest news.... Unions representing a majority of workers cited safety, job and rate concerns over the $85 billion Union Pacific–Norfolk Southern proposal; regulator review by the Surface Transportation Board will follow formal filings expected this week, while industry groups and a competitor also cited competition risks.
Coverage of Story:
From Left
No left-leaning sources found for this story.
From Center
Two Rail Unions Oppose $85B UP-NS Merger Plan
My Northwest KTAR News Transport Topics Post and Courier Northwest Arkansas Democrat Gazette Jefferson City News TribuneFrom Right
No right-leaning sources found for this story.
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