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Money Quote: Railway Merger Diss -- WSJ

Money Quote: Railway Merger Diss -- WSJ

Dow JonesDow Jones2026/07/30 14:22
By:Dow Jones

"That does not resonate with the customer when you tell them they have fewer options...they have the memories and the trauma of the prior consolidations in this industry. And some of the worst trauma, I'm sorry, [Union Pacific], you caused it."

-Keith Creel, the CEO of Canadian Pacific Kansas City, on why his railroad opposes the proposed merger of Union Pacific and Norfolk Southern.

This item is part of a Wall Street Journal live coverage event. The full stream can be found by searching P/WSJL (WSJ Live Coverage).

(END) Dow Jones Newswires

July 30, 2026 10:22 ET (14:22 GMT)

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