Union Pacific has announced plans to merge with Norfolk Southern, creating the first transcontinental railroad in the United States.
Both systems are major transporters of U.S. ag goods. The two announced they will combine forces, creating a system worth $250 billion. Mike Steenhoek with the Soy Transportation Coalition says there could be some concern around consolidation, but he adds that rail lines are crucial to the success of farmers and U.S. agriculture as a whole.
An investor call was announced this morning for stakeholders.
Related Stories
“Last year, looking across all the critical sectors, about 5.5% of every ransomware attack that we saw impacted the food and agriculture sector.”
The Department of Agriculture officially has a new leader, and she is the second female Agriculture Secretary in history. Let’s find out what Brooke Rollins did on day one at the USDA.
