Union Pacific must release CEO speech on merger opponents, US board says
By Curtis Eichelberger ( November 5, 2026, 00:20 GMT | Insight) -- The US Surface Transportation Board denied Union Pacific Railroad’s move to keep secret a keynote speech by Chief Executive Officer Jim Vena, in which he allegedly threatened to hike rates for shippers opposed to his acquisition of Norfolk Southern. "Evidence of actual or threatened retaliation could also be relevant to other aspects of the public interest assessment, including market power and abuse of market power,” the board said in its decision. The US Surface Transportation Board denied Union Pacific Railroad’s appeal to keep secret a keynote speech by Chief Executive Officer Jim Vena, in which he allegedly threatened to hike rates for shippers opposed to his acquisition of Norfolk Southern....
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