Union Pacific CEO threatened merger opponents with rate hikes, video shows
By Curtis Eichelberger ( November 6, 2026, 00:21 GMT | Insight) -- Union Pacific Railroad Chief Executive Jim Vena told attendees at a March 2026 Southwest Association of Rail Shippers event that if they didn't support his company's proposed merger with Norfolk Southern, "I'll probably increase everybody's rates that said they didn't want a seamless railroad by 3 or 4 extra percent to teach you a lesson."Union Pacific Railroad Chief Executive Jim Vena told attendees at a March 2026 Southwest Association of Rail Shippers event that if they didn't support his company's proposed merger with Norfolk Southern, he would likely increase those shippers' rates "to teach you a lesson."...
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