Comment / UP and NS refile their mega-merger bid – the opposition has never been louder

ID 505453 © Anthony Hall | Dreamstime.com

In a nutshell: The railroads promise $2.75 billion in annual synergies and 2.1 million fewer trucks on the road. A newly formed coalition of rivals, customers and unions says the deal would hand one company control of nearly half of US rail freight. The STB now has 30 days to decide whether to even let the fight begin.

Union Pacific (UP) and Norfolk Southern (NS) dropped their amended merger application on the Surface Transportation Board’s (STB) desk today, three ...