Hub Group Strongly Supports UP-NS Transcontinental Railroad Merger

Reported 3 days ago

Hub Group, a significant player in intermodal transportation, has expressed strong support for the merger between Union Pacific and Norfolk Southern, aiming to establish the first transcontinental railroad in the U.S. This merger is expected to enhance growth opportunities by improving operations, reducing transit times, and accessing new markets. While discussing financial results, Hub Group's CEO highlighted the benefits of the merger and the company's outlook, despite facing challenges in the freight business.

Source: YAHOO

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