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-0.000149710203819734 -0.000235258891716656 -0.000513292127382016 -0.000577453643304707 -0.00241675043309022 0.00378552943944231 0.00335778599995733 0.00357165771969976
Stock impact report

Rail Customers Say Competition Must Come First in UP-NS Merger Review [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
issued a stark warning regarding Union Pacific's formal application to merge with Norfolk Southern. While UP-NS would like to declare victory right out of the gate, the push back regarding the merger is building as it faces the most rigorous review in STB history. The proposed merger would mark the largest railroad consolidation in U.S. history and the most consequential case ever reviewed by the STB. It is an unprecedented test of the Board's updated merger standards that were adopted after previous mergers upended the rail network and crippled the national supply chain. The new standards require an application to clearly demonstrate how the merger will improve service and enhance rail-to-rail competition. The Union Pacific-Norfolk Southern application fails to meet that standard Costly Legacy American businesses are still paying the price for prior rail mergers. Today, just four companies control 90% of U.S. freight rail traffic. As a result, freight rail rates have soared Show less Read more
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