🚂 ¡UNION PACIFIC AND NORFOLK SOUTHERN REVISE $85 BILLION MERGER REQUEST! 🛤️🤝
🤝 Unprecedented Customer Protection Proposal
Union Pacific (UNP) and Norfolk Southern (NSC) filed a supplemental submission with the Surface Transportation Board (STB), incorporating new commitments to protect competition.
The move aims to unblock the review of the $85,000 million agreement, projected to create the first transcontinental rail network in the U.S.
⚖️ Service Guarantees and Antitrust Guarantees
The new version doubles the guaranteed discounted rates for shipments (Committed Gateway Pricing) and preserves Class I rail transportation options for vulnerable customers. In addition, it includes clauses that enable access to alternative services if traffic disruptions arise during operational integration.
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