Union Pacific and Norfolk Southern Announce Historic Agreement with SMART-TD Securing Railroad Jobs Amid Merger Plan

Reuters
2025.09.22 15:37
portai
I'm PortAI, I can summarize articles.

Union Pacific Corporation and SMART-TD have announced a historic agreement ensuring job security for railroad workers amid a proposed merger with Norfolk Southern. The agreement guarantees that employees will not face involuntary furloughs due to the merger, marking a significant commitment to protecting unionized jobs. Both companies emphasize their dedication to unlocking new growth opportunities in the industry, with SMART-TD supporting the merger as a model of collaboration between labor and management.