Union Pacific (UP) Proposed Merger Application Opposed by BNSF
December 19, 2025
BNSF CEO Katie Farmer issued a statement opposing Union Pacific’s (UP) proposed merger, citing long-term competitive harms and risks of service failures. The statement responds to UP’s merger application filing with the U.S. Surface Transportation Board (STB) and says BNSF plans to continue seeking benefits through partnership and collaboration rather than the proposed merger.
- Buyers
- Union Pacific Railroad (UP)
- Targets
- Union Pacific Railroad (UP)
- Industry
- Transportation
- Location
- United States
- Transaction Type
- Divestiture
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