( September 10, 2026, 19:43 GMT | Official Statement) -- MLex Summary: Union Pacific Railroad's proposed buyout of competitor Norfolk Southern Railway appears likely to harm rail passengers, and merger applicants have not disproven this risk, the Rail Passengers Association told the US Surface Transportation Board. "Applicants have not produced the transparent, transaction-specific evidence required to determine how existing passenger trains will be affected, whether the combined railroad can provide adequate passenger transportation, or whether reasonably foreseeable passenger development will remain viable," the association wrote. See attached document. ...
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