UP Appeals Order to Release CEO Speech

Union Pacific's Proposal to Buy Norfolk Southern Is Not In the 'Public Interest'

When a company’s proposal can’t meet a legal standard, it has only one move: argue for a lower standard. That’s exactly what is happening with Union Pacific’s (UP) proposed $85 billion mega-merger with Norfolk Southern (NS), now under review by the federal Surface Transportation Board (STB). Federal law requires railroad mergers to be in the […]

Union Pacific Urges the Board to Keep a Speech Video Confidential

Union Pacific on October 30 asked the Surface Transportation Board to keep a recording of Jim Vena’s shipper speech confidential while it appeals. BNSF on November 2 asked the board to deny that appeal.

UP Appeals Order to Release CEO Speech

Union Pacific appealed the release of a video of CEO Jim Vena's March speech, in which he allegedly threatened shippers who opposed the UP-NS merger. The post UP Appeals Order to Release CEO Speech, Merger Tensions Escalate appeared first on Railfan & Railroad Magazine.

When silence becomes evidence: CPKC demands an end to the UP-NS merger review

A rival railroad says Union Pacific’s chief executive frightened shippers away from a historic regulatory proceeding. Union Pacific denies making threats. The crucial question now is not just what Jim Vena said, but whether customers felt free to answer. How do you judge the public interest in a railroad merger if the customers whose voices matter most are afraid to tell you what they think? That question is at the center of ...