UPS opposes Canadian Pacific and Norfolk Southern rail merger

UPS opposes Canadian Pacific and Norfolk Southern rail merger

The Wall Street Journal reported on Thursday (11 February) that it had seen a copy of a letter that UPS had seen to the US Surface Transportation Board, in which the carrier stated that a merger between the two companies would not be in the best interests of the intermodal shipping community because it would lead to a reduced level of service and increased costs.

According to the WSJ, UPS also said it was concerned that the possible merger could trigger further consolidation in the region’s rail industry.

About The Author

Ian Taylor

Ian Taylor is the Editor of Triangle’s Mail & Express Review Magazine and the www.postandparcel.info portal. Ian has been a business journalist for almost 30 years, editing and writing for a wide range of magazines and newspapers with a particular focus on the transport and logistics industries.

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