Wave of rail mergers ‘inevitable’ if Union Pacific-Norfolk Southern deal approved, says CPKC head
The proposed merger between Union Pacific and Norfolk Southern could lead to significant changes in the U.S. rail industry. Keith Creel, CEO of Canadian Pacific Kansas City, warns that this deal may trigger further mergers, reducing competition and increasing costs for consumers. The merger has sparked debates about its potential impact on freight delays and market dynamics among rail carriers.
- ▪The proposed US$85-billion merger would create America's first transcontinental railway, controlling over 40 percent of freight traffic.
- ▪Keith Creel argues that the merger would lead to a duopoly and increased freight delays.
- ▪Union Pacific's CEO claims that the merger would enhance efficiency and lower rates for consumers.
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Open this photo in gallery:A Union Pacific freight train in Eloy, Ariz. in April, 2025. Union Pacific operate a vast rail network in western U.S.Ross D. Franklin/The Associated PressShareSave for laterPlease log in to bookmark this story.Log InCreate Free AccountA proposed rail merger in the United States would set off a wave of acquisitions that reduces competition, raises consumer costs and generates freight logjams, says Keith Creel, who heads Canadian Pacific Kansas City Ltd. CP-TThe US$85-billion deal would marry Union Pacific’s UNP-N vast rail network in the Western U.S.
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