Union Pacific's $85B Norfolk Southern Bid: Jobs, Rates, & Rail Map

Summary

Union Pacific proposes $85B merger with Norfolk Southern, claiming itll expedite shipments and save shippers billions. The deal would create a coast-to-coast network, handling nearly 40% of U.S. freight. Critics warn of increased rates and monopoly power, but supporters expect improved service. Union Pacific promises new jobs and caps stake in a key termi…

Show notes

Union Pacific proposes $85B merger with Norfolk Southern, claiming itll expedite shipments and save shippers billions. The deal would create a coast-to-coast network, handling nearly 40% of U.S. freight. Critics warn of increased rates and monopoly power, but supporters expect improved service. Union Pacific promises new jobs and caps stake in a key terminal to ease competitor concerns. Regulators set a high bar, with Union Pacific offering concessions up to $750M. Support the show:Get a discoun

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