Union Pacific merger should be rejected due to alleged threats by CEO, rival CPKC argues
( October 30, 2026, 21:42 GMT | Official Statement) -- MLex Summary: The Canadian Pacific Kansas City railroad, or CPKC, urged the US Surface Transportation Board to deny Union Pacific Railroad's application to buy out rival Norfolk Southern Railway due to allegations that Union Pacific CEO Jim Vena threatened shippers who oppose the deal. CPKC contends that this alleged misconduct "has disrespected and irretrievably corrupted the Board's process for reviewing that application, to such a great extent that the proceeding should not continue."See attached document....
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