Financial Ports

Shintech throws weight behind UP-NS rail merger as rivals cry foul

CLAVE 1 / 4Shintech, the largest US PVC producer, has publicly backed the proposed Union Pacific-Norfolk Southern merger.

CLAVE 2 / 4The company’s president cited single-line service to eastern US markets as a key advantage of the deal.

CLAVE 3 / 4Trade groups representing chemical manufacturers have criticised the merger, warning of reduced competition.

CLAVE 4 / 4A former railroad executive filed a 23-page report arguing the merger would harm short-line railroads.

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