By Christopher Kuo
CSX is pushing back against the proposed $71.5 billion merger between Union Pacific and Norfolk Southern.
The Jacksonville-based railroad company on Monday launched a website for feedback from stakeholders as the Surface Transportation Board reviews the deal to create the first transcontinental railroad operator in the U.S.
The deal, CSX said Monday, results in an industry imbalance that would reduce viable options for shippers and create competitive balance issues. The company launched www.csxstayingontrack.com for public comments on the deal and information on providing confidential feedback to the Department of Justice.
"Our customers depend on a competitive and healthy freight rail system," Chief Executive Steve Angel said. "Customers and the communities we serve have a stake in this review, and we are here to help them be heard."
Union Pacific and Norfolk Southern last week refiled their rail-merger application after the Surface Transportation Board in January rejected the railroads' initial application. The combined railroad would have a projected 39% market share of rail freight, The Wall Street Journal reported.
Last year, after Norfolk and Union Pacific agreed to a deal, activist investor Ancora Holdings pressured CSX to pursue its own agreement with a rival or to replace its chief executive, The Wall Street Journal previously reported. Angel was named weeks later.
Write to Christopher Kuo at chris.kuo@wsj.com
(END) Dow Jones Newswires
May 04, 2026 15:00 ET (19:00 GMT)
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