How The Union Pacific-Norfolk Southern Deal Would Boost Petrochemicals
1. Union Pacific plans to acquire Norfolk Southern for $85 billion. 2. Merger aims to enhance U.S. petrochemical supply chain efficiency. 3. One rail line will reduce interchanges and increase shipment speed. 4. Demand for U.S. petrochemicals is rising in Asia and Latin America. 5. The merger could improve market competitiveness and logistics in rail.