“A new survey from the Stop the Rail Merger Coalition found that 71% of likely voters oppose the $85 billion merger between Union Pacific and Norfolk Southern, which Union Pacific proposed a day before the two companies were set to file a revised application.
The proposed merger would create the largest railroad in U.S. history and control nearly half of the nation’s rail traffic.
The majority of the survey’s 1,400 respondents indicated that the merger would increase costs consumers pay for goods shipped by rail, raise food prices at grocery stores, and increase shipping costs for businesses. Nearly half also said it would reduce rail competition and lead to job losses or negative outcomes for rail workers…”
Read the full report from Daily Signal here.