BNSF Railway on UP-NS merger: ‘Costly, unnecessary, anti-competitive and bad for the US economy’

BNSF Railway clearly states where it stands with regard to the $250bn UP-NS deal:
“No customer is asking for a UP-NS merger to happen. It’s driven by Wall Street on the promise of a big shareholder payout. BNSF does not believe a merger is necessary at this time, when we can deliver immediate benefi ts to our customers while preserving competition.” 
More details about combined entity’s market share and why, according …

The post BNSF Railway on UP-NS merger: ‘Costly, unnecessary, anti-competitive and bad for the US economy’ appeared first on The Loadstar.