( November 2, 2026, 19:09 GMT | Official Statement) -- MLex Summary: An executive of M4 Railcar Group, a train car leasing and logistics firm, urged the US Surface Transportation Board to deny Union Pacific Railroad's application to buy its competitor Norfolk Southern Railway. M4 senior partner Daniel Bigda wrote the deal should be rejected "unless the record demonstrates that its projected benefits are physically achievable, adequately funded, properly staffed, operationally sustainable, and capable of being delivered without unacceptable deterioration in transportation service, safety, competition, or reliability."See attached document....
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