Canadian National Railway (CNI) on Monday announced that it has submitted a motion to the Surface Transportation Board, asking for more information about the proposed merger between Union Pacific and Norfolk Southern.
The company highlighted several shortcomings in the initial application, such as incomplete market analyses, a lack of market share and traffic projections, an inaccurate network map, and no details on proposed competitive improvements.
CNI insists that this missing information is essential for the Board to properly assess the impact on public interest and competition, so they're calling for a more thorough and open review of the merger.
CNI is currently trading at $99.19, up $0.25 or 0.25 percent on the New York Stock Exchange.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.