Binding Agreements, Not Fear, Should Guide the Union Pacific-Norfolk Southern Merger Debate

Author: Union Pacific | August 10, 2026
Key Takeaways:
Competitors have clear business reasons to see the Union Pacific-Norfolk Southern combination blocked. An American transcontinental railroad will raise the bar, forcing competitors to do better to keep pace.

Opposition may be a coordinated effort amongst competitors with differing economic interests. Understanding competitor interests provides context for the public discussion surrounding the combination.

The Surface Transportation Board will conduct a detailed evaluation of the facts, commitments and public benefits on record. The review process is designed to examine both the opportunities and concerns associated with the combination.

In a strongly worded opinion piece, SMART-TD President Jeremy Ferguson argues that discussions surrounding the proposed Union Pacific–Norfolk Southern merger should be based on documented facts rather than speculation. 

Legally binding labor protections secured by SMART-TD provide members with guarantees that directly address concerns about job security with the Union Pacific-Norfolk Southern combination. Unfortunately, it appears that other unions are using fear-based messaging rather than facts. 

The publicly available Jobs-for-Life Agreement applies to all unionized employees, regardless of whether their union has entered into a specific agreement, and goes beyond traditional New York Dock Protection. 

Concerns over a single coast-to-coast railroad are overstated. The longstanding operation of Canada's transcontinental railroads provides evidence that an end-to-end network can remain competitive while supporting national freight movement. A unified rail network will reduce interchange delays, improve service reliability and make rail more competitive with long-haul trucking.

Speculation about job losses creates unnecessary anxiety in an industry where focus and situational awareness are critical to safety. 

Railroad employees should evaluate the merger using the written agreements — rather than rhetoric from competing organizations — and review the negotiated protections to make informed decisions based on the documented facts.

Read the full SMART-TD article here

Please review Union Pacific’s cautionary note regarding forward-looking statements.