Union Pacific and Norfolk Southern have proposed an $85 billion merger to create a transcontinental railroad, which raises concerns about the industry’s already high concentration. Critics argue that this merger will reward poor performance and increase market power for a few carriers, leading to higher prices and worse service for customers. The chemical industry, a major freight rail customer, has faced disruptions and rising costs without adequate service improvements. The Surface Transportation Board should reject this merger, as it is unlikely to serve the public interest or enhance competition. Businesses deserve better service from freight railroads.

Source: https://www.supplychaindive.com/news/why-stb-should-reject-norfolk-southern-union-pacific-merger/757103/