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Rail Customer Coalition letter to STB presents various issues relating to proposed Union Pacific-Norfolk Southern merger
['Jeff Berman']
Logistics Management News
“Past rail mergers have shown what happens when consolidation goes unchecked: service suffers, costs increase, and jobs disappear,” the letter noted.
And it added that enhanced freight rail competition is essential for producing more goods in America, growing rail volumes and maintaining U.S. leadership in global trade.
“The Board must rigorously evaluate the potential impacts of the merger and take meaningful action to enhance and protect competition, service, and supply chain stability,” wrote RCC.
The United States has the best freight transportation system in the world, and this transaction will make it even stronger.
Number one, every time we get a merger, service gets worse.
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