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
Illinois Pork Producers Association’s Jennifer Tirey recaps the World Pork Expo, key issues facing pork producers, and efforts to restore pork options in Chicago Public Schools.
OOIDA’s Lewie Pugh discusses a new bipartisan surface transportation bill, industry efforts to address regulatory concerns, investments in truck parking and freight infrastructure, and the outlook for transportation policy.
USDA confirmed the latest cases involve a calf in La Salle County and a dog in Andrews County
Texas Tech’s Dr. Jennifer Koziol discusses the latest New World screwworm cases in Texas, ongoing response efforts, and how livestock biosecurity can prevent the pest’s spread.
Corn ethanol demand and stronger oilseed processing continue supporting domestic markets for crop producers.
The Washington State Tree Fruit Association says crop quality looks promising despite ongoing drought conditions.
