Norfolk Southern and Union Pacific have agreed to a merger. The deal is set to create America’s first transcontinental railroad, linking nearly 100 ports from coast to coast.
Soy Transportation Coalition’s Mike Steenhoek joined RFD-TV’s Tammi Arender to discuss what we currently know about the merger, what this means for agriculture as a whole, and what he is hearing in regards to industry consolidation concerns.
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Payment totals alone do not show financial stress — production costs and net losses complete the picture.
Year-round E15 remains on the table, but procedural caution and competing regional interests pushed action into a slower, negotiated path.