"The proposed $85 billion merger of Union Pacific and Norfolk Southern railroads has lost the support of two unions that represent more than half their workers over concerns it will jeopardize safety and jobs, raise shipping rates and consumer prices, and cause significant disruptions. The Brotherhood of Locomotive Engineers and Trainmen and the Brotherhood of Maintenance of Way Employes Division are among the most prominent critics of the deal to create the nation's first transcontinental railroad."
"The deal has the support of the nation's largest rail union, which represents conductors and hundreds of individual shippers, and President Donald Trump has said the deal sounds good to him. The U.S. Surface Transportation Board will weigh the opinions of all stakeholders to determine whether the merger is in the public interest once the railroads file their formal application, which is expected later this week."
Two major unions representing more than half of Union Pacific and Norfolk Southern workers withdrew support for the proposed $85 billion merger, citing risks to safety and job security. The unions warned the merger could raise shipping rates and consumer prices, cause major disruptions, and enable job transfers or line sales without enforceable protections. Opponents also include the American Chemistry Council, agricultural groups, and competitor BNSF, which cite competition concerns. The nation's largest rail union and some shippers support the deal. Union Pacific argues a transcontinental route would speed shipments and better compete with trucking. The Surface Transportation Board will review stakeholder input after a formal application is filed.
#union-pacificnorfolk-southern-merger #labor-union-opposition #safety-and-job-concerns #competition-and-shipping-costs
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