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0.000554426168915051 0.00119285630281736 0.000789637270879231 -1.68007929974142E-05 0.000352816652945889 0.000352816652945889 0.000352816652945889 0.000352816652945889
Stock impact report

UP–Norfolk Southern rail merger could shrink shipping options for agriculture [Yahoo! Finance]

Norfolk Southern Corporation (NSC) 
Last norfolk southern corporation earnings: 4/29 08:00 am Check Earnings Report
Company Research Source: Yahoo! Finance
The system would span roughly 50,000 route miles across 43 states. The proposed merger of the Union Pacific and Norfolk Southern railways would leave farmers with fewer transportation options and vulnerable to shipping cost increases at a time when balance sheets have been squeezed to the breaking point by rapidly rising input costs, a major ag group said. Transportation, marketing and storage expenses are projected to rise to a record $14 billion in 2026. American Farm Bureau Federation [AFBF] economist Daniel Munch analyzed the UP-NS merger in the latest Market Intel. “The risk of the UP–NS merger is clear,” the Market Intel states. “It would leave farmers more dependent on fewer railroads at a time when they already have almost no ability to walk away from higher costs or poor service. The merger does not create new competition for agriculture. It removes what little leverage remains by eliminating key routing and interchange options that currently help keep rates and service Show less Read more
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