CHICAGO –– Union Pacific Executive Vice President and Chief Information Officer Rahul Jalali told reporters on a media day business train that UP-NS computer systems integration will go smoothly if the merger is approved.
ATLANTA –– Norfolk Southern Corporation today announced that its shareholders voted overwhelmingly, with nearly 99% of the shares cast in favor, to approve its previously announced transaction with Union Pacific at the company’s Special Meeting of Shareholders (the “Special Meeting”) held earlier today.
NEW YORK –– Prior to the Staggers of Act of 1980, the only way a Class I railroad could shed the cost of marginal or money losing light density rail line was abandonment.
Joining BNSF and Canadian Pacific Kansas City (CPKC) in expressing their concerns about the proposed Union Pacific (UP)-MONTREAL –– Norfolk Southern (NS) merger, CN recently launched a page on its website encouraging its customers to speak up and file a Notice of Intent to Participate with the Surface Transportation Board (STB).
CALGARY –– To express its concerns about the proposed UP+NS merger, CPKC has established a web page warning of the impact of the possible combination and also argues that CP+KCS to form CPKC was a necessary merger.
WASHINGTON, D.C.–– The American Chemistry Council is not in favor of the proposed UP+NS merger and sent a letter about it to POTUS 47.
WASHINGTON, D.C. –– As expected, shipper concern about the announcement of the proposed UP+NS merger this morning has already begun. The American Chemistry Council (ACC) released a statement this afternoon.
