The proposed merger between Union Pacific and Norfolk Southern has ignited a fierce debate across the US freight industry. Rail executives are touting a faster, seamless coast-to-coast network, while competitors, exporters, and port operators are raising concerns that the deal could stifle competition and, consequently, increase shipping costs. Speaking at TPM in Long Beach this week, Union Pacific EVP of Sales and Marketing Kenny Rocker asserted that the merger would finally establish a genuine transcontinental rail network.

The post UP-NS merger sparks fierce industry split over competition and control appeared first on The Loadstar.