RAWLINS (WNE) — Union Pacific and Norfolk Southern are merging in an $85 billion deal to create the first transcontinental railroad in the United States, and the city of Rawlins is on board.
The merger aims to improve the supply chain by connecting 50,000 route miles from the East Coast to the West Coast, linking about 100 ports and nearly every corner of North America, according to a July 29 press release from Union Pacific.
The press release noted the combined company “will deliver faster, more comprehensive freight service to U.S. shippers” by eliminating interchange delays, opening new routes, expanding intermodal services and reducing distance and transit time on key rail corridors.
A more truck-competitive solution, the “Union Pacific Transcontinental Railroad will decrease highway congestion, reducing wear and tear on taxpayer-funded roads,” the press release stated.
Today, Union Pacific and Norfolk Southern invest approximately $5.6 billion annually in infrastructure innovation and network expansion.
During the Rawlins City Council meeting on Tuesday, Nov. 24, the council passed a motion to approve and authorize Rawlins Mayor Jacquelin Wells to sign a letter of support for the merger.
“The merger promises faster, more dependable service, reduced congestion and expanded market reach for our businesses. It also means continued investment in rail infrastructure, enhancing safety, creating jobs and ensuring our community remains competitive in a growing economy,” Wells stated in the letter of support.
According to information obtained from the meeting’s agenda, this transcontinental rail service will support U.S. economic growth. For the U.S., the service will secure national defense, reduce highway maintenance costs for American taxpayers and unite two companies who share a commitment to safety.
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