NYSE:UNPTransportation
Union Pacific Faces Union Pushback As Norfolk Southern Deal Clouds Outlook
Union Pacific (NYSE:UNP) has proposed an $85b acquisition of Norfolk Southern that is currently under regulatory review.
Rail unions are pushing back on the deal, raising concerns about potential job losses and higher operating costs.
The transaction would combine two major freight carriers and is being evaluated for its impact on competition and service across the US rail network.
Union Pacific runs one of the largest freight rail networks in the US, moving goods such as industrial...