The International Association of Machinists and Aerospace Workers (IAM) Union Rail Division has announced that it is closely monitoring Union Pacific’s proposed $85 billion acquisition of Norfolk Southern. The division noted that the merger could significantly alter the freight rail industry but also highlighted several concerns, including community safety, job security, workers’ rights, competition, and the long-term stability of the sector.
In a statement regarding the regulatory review process by the Surface Transportation Board, IAM emphasized its commitment to ensuring transparency and defending its members’ interests. “The IAM Union Rail Division urges complete transparency throughout the Surface Transportation Board’s regulatory review process and will fight to protect our members’ jobs, rights, and livelihoods. We hope that this merger will value workers over the corporate bottom line.”
IAM also stated its ongoing priorities during the proposal’s progression: “Our priority remains the safety of the public and the economic security of our members. As this proposal progresses, we will use every available resource to hold carriers and regulators accountable.”
The IAM Rail Division includes members from both the Transportation Communications Union (TCU/IAM) and IAM District 19. The International Association of Machinists and Aerospace Workers represents about 600,000 active and retired members in various industries across North America.
