Union Pacific's $72B Acquisition of Norfolk Southern Faces Opposition from Teamsters Union

The Teamsters union opposes Union Pacific's $72 billion acquisition of Norfolk Southern, citing concerns over employee safety and job security. Union Pacific is the largest public railroad in North America, with strong profitability and operational efficiency, but revenue growth has slowed recently. The union represents nearly 20,000 workers from both rail companies and emphasized the merger's potential impact on employee safety and job security.