Customers fight Union Pacific’s $85 billion deal with Norfolk Southern railway

 

 

The proposed merger of Union Pacific and Norfolk Southern has run into a blocked track.

Customer groups are urging federal regulators to block the merger. At least seven associations of shippers have come out against the $85 billion deal which would see Union Pacific acquire the smaller rival in a bid to create the first coast-to-coast freight rail operator in the country.

The  Surface Transportation Board will have the final say but already some Democratic U.S. Senators are opposing the plan.

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