
Link to the full story by Bill Stephens
NEW YORK — Rail industry officials focused on only three topics during the opening day of the RailTrends conference: Merger, merger, and merger. Union Pacific’s proposed $85 billion acquisition of Norfolk Southern dominated conversations and presentations. Can the plan to create a transcontinental railroad win regulatory approval? Can it lead to volume growth in an industry that has seen little of it since 2014? Will it force other Class I railroads to merge — or can interline partnerships be an effective competitive response to a railroad that will handle nearly half of all U.S. rail freight volume?



