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CN urges STB to reject UP-NS merger application for lacking key competition and operational details.

Market News
11 May 2026
GlobeNewsWire
Bearish
pluang ai news

Canadian National Railway (CN) has filed comments with the Surface Transportation Board (STB) arguing that the amended merger application by Union Pacific (UP) and Norfolk Southern (NS) remains incomplete and should be rejected. CN points out that the application fails to provide necessary competition analyses, consistent market share data, and a significant transaction application for control of the Terminal Railroad Association of St. Louis. CN also criticizes the proposed Committed Gateway Pricing program as insufficient and potentially harmful to many shippers. CN urges the STB to uphold regulatory standards and reject the incomplete merger application to protect rail competition and supply chain resilience.

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