Enhancing Rail Competition – The Case Is Clear
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2 Articles
Enhancing Rail Competition – The Case is Clear
The Union Pacific – Norfolk Southern merger will enhance railroad competition. Period. Hard stop. Unlike overlapping mergers of the past that were driven by productivity, our merger is about growth and the future of the rail industry. The post Enhancing Rail Competition – The Case is Clear appeared first on Railway Age.
Union Pacific (UP) reiterated that its merger with Norfolk Southern (NS) will increase rail competition and that, unlike productivity-driven ones, this union will benefit the growth and future of the sector. “With the merger, we see opportunities to boost that growth profile by moving an important part of the road business to the railway. Today, trucks transport 43% of all tons per mile of cargo. To capture that market share, we will need to com…
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