finance.yahoo.com

102 Democrats Urge STB to Put Labor First in UP-NS Merger Review

Union Pacific Corporation logoUnion Pacific Corporation
Sig2.70Sen-2.60Env0.00Soc-3.20Gov-3.00
Norfolk Southern logoNorfolk Southern
Sig2.78Sen-2.86Env0.00Soc-2.48Gov-2.31

More than 100 House Democrats led by Rep. Valerie Hoyle sent a Sept. 3 letter to the Surface Transportation Board urging the proposed Union Pacific–Norfolk Southern merger be assessed first for its effects on railroad jobs, safety and accountability. The letter, coordinated with the Teamsters Rail Conference, lands as the STB enters a new phase of its review of the $85-billion deal, ahead of midterm elections. Separately, state attorneys general asked the STB to deny the revised application, warning it is not in the public interest and could

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