SMART Transportation Division (SMART-TD), the largest rail labor organization in the U.S., tells CNBC it will oppose the proposed merger between freight rails Union Pacific and Norfolk Southern. The ...
On April 30, Union Pacific Corporation (NYSE:UNP) and Norfolk Southern Corporation submitted an amended merger application to ...
Jeremy Ferguson, leader of SMART-TD, the nation's largest rail labor union, says Union-Pacific's proposed merger with Norfolk Southern will create a transcontinental rail network that introduces new ...
The latest application says the merged railroad would have a 39% market share and provides conditions under which Union Pacific would walk away from the tie-up.
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