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Well-known
Several major coal producers and power industry groups are urging federal regulators to approve the proposed Union Pacific–Norfolk Southern merger.
The producers argue that reliable rail service plays a key role in keeping the nation’s electric grid dependable as electricity demand increases.
The two railroads recently filed their merger application with the Surface Transportation Board, which must approve any consolidation in the freight rail industry. If approved, the deal would create the country’s first transcontinental railroad.
Supporters of the merger argue that the stakes extend beyond rail logistics and directly impact energy reliability, particularly as data centers, artificial intelligence, and domestic manufacturing create increased electricity demand.
America’s Power, a national trade association representing coal-fired power plants and their supply chain, told the Surface Transportation Board that rail transportation of coal is “a crucial link” in maintaining reliable and affordable electricity.
The group noted that railroads transport about 70% of the coal used by American power plants, adding that many plants depend exclusively on rail service for fuel deliveries.
justthenews.com
The producers argue that reliable rail service plays a key role in keeping the nation’s electric grid dependable as electricity demand increases.
The two railroads recently filed their merger application with the Surface Transportation Board, which must approve any consolidation in the freight rail industry. If approved, the deal would create the country’s first transcontinental railroad.
Supporters of the merger argue that the stakes extend beyond rail logistics and directly impact energy reliability, particularly as data centers, artificial intelligence, and domestic manufacturing create increased electricity demand.
America’s Power, a national trade association representing coal-fired power plants and their supply chain, told the Surface Transportation Board that rail transportation of coal is “a crucial link” in maintaining reliable and affordable electricity.
The group noted that railroads transport about 70% of the coal used by American power plants, adding that many plants depend exclusively on rail service for fuel deliveries.
Coal and power groups back UP–Norfolk Southern rail merger
The two railroads recently filed their merger application with the Surface Transportation Board, which must approve any consolidation in the freight rail industry. If approved, the deal would create the country’s first transcontinental railroad.
justthenews.com