All Railed Up: Industry leaders are concerned that the proposed merger between Union Pacific and Norfolk Southern will lead to higher prices for ag product shippers.

The article focuses on the proposed $85 billion merger between Union Pacific Corp. and Norfolk Southern Corp., which would create the first transcontinental railroad in the U.S. The companies claim the merger will improve freight efficiency by connecting 10,000 interline service lanes into single-line service, reducing rail car handoffs and saving operational miles. However, stakeholders in the fertilizer industry, which relies on rail for over 60% of its transportation, express concerns that the merger could reduce competition, increase costs, and worsen service reliability. Labor unions representing railroad workers and numerous trade associations also oppose the merger, citing fears of diminished service to smaller markets and increased market concentration. Despite opposition, the companies have secured shareholder approval and filed for regulatory review with the Surface Transportation Board, aiming to complete the merger by 2027.