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Stock impact report

2 big rail unions oppose $85B Union Pacific-Norfolk Southern merger over safety and cost concerns [Yahoo! Finance]

Union Pacific Corporation (UNP) 
Last union pacific corporation earnings: 4/23 08:00 am Check Earnings Report
US:NYSE Investor Relations: up.com/investors
Company Research Source: Yahoo! Finance
unions that represent more than half the workers because they are worried the deal would increase safety risks, lead to higher shipping rates and consumer prices and cause significant disruptions. The unions' decision they plan to announce Wednesday will make the Brotherhood of Locomotive Engineers and Trainmen and the Brotherhood of Maintenance of Way Employes Division two of the most prominent critics of the deal to create the nation's first transcontinental railroad. They join the American Chemistry Council , an assortment of agricultural groups and competing railroad BNSF in raising concerns that this combination would hurt competition. But the deal has picked up the support of the nation's largest rail union that represents conductors and hundreds of individual shippers as well as an Oval Office endorsement from President Donald Trump. The U.S. Surface Transportation Board will begin weighing the opinions of all those stakeholders to determine whether the merger is in the pub Show less Read more
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