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Top Senate Democrat criticizes Union Pacific deal to buy Norfolk Southern
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Top Senate Democrat criticizes Union Pacific deal to buy Norfolk Southern
Jul 31, 2025 9:35 AM

WASHINGTON (Reuters) -Senate Democratic Leader Chuck Schumer criticized Union Pacific's plan to acquire Norfolk Southern in a $85 billion deal to create the first U.S. coast-to-coast freight rail operator.

Schumer said Thursday the deal would push "us even further down the road of dangerous consolidation and monopoly power... This is a hostile takeover of America's infrastructure."

He added "decades of railroad mergers have led to worse service, worse safety, worse working conditions, higher costs for shippers - which ultimately means higher prices for consumers."    

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