CN Rejects UP-NS Merger Application Over Competition Concerns

Reuters12-20 06:00
CN Rejects UP-NS Merger Application Over Competition Concerns

Canadian National Railway Company $(CN)$ has issued a statement regarding the merger application filed by Union Pacific and Norfolk Southern. CN argues that the proposed merger does not enhance competition or generate significant public benefits, falling short of the standards set by the Surface Transportation Board (STB). The company warns that the merger would reduce rail transportation options and create a single entity controlling over 40% of the U.S. freight rail market, potentially leading to higher prices and fewer choices for consumers. CN plans to actively participate in the STB review process and urges all stakeholders to get involved to ensure competition is protected.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. CN - Canadian National Railway Company published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 9605408) on December 19, 2025, and is solely responsible for the information contained therein.
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