News

UIS prof has her eye on mega merger

Photo: Shutterstock


Springfield, IL (CAPITOL CITY NOW) – A proposed merger of two giant railroads – Norfolk Southern and Union Pacific – could make a bad problem worse, according to economics professor Patty Byrnes of University of Illinois Springfield.

“Chicago handles roughly 25 percent of the U.S. freight rail,” said Byrnes, “and it’s also well known that Chicago is a choke point, they call it, for transcontinental rail service. And there’s an old saying that a train takes two days to travel (to Chicago) from the west coast, and then it takes another two days to get through Chicago.”

It’s not a done deal; it requires federal approval.

In a follow-up email, Byrnes wrote:

“I also want to highlight the potential economic implications of the proposed merger. For freight-dependent regions like Illinois, which is home to major agricultural producers and Midwestern manufacturing hubs, the merger could reshape competitive dynamics. If the combined railroad delivers better service and lower shipping costs, the benefits could be significant. But if competition diminishes and freight rates rise, both Chicago and rural communities could face higher input costs and reduced service reliability. The ripple effects on farms and manufacturers paying higher transportation costs would further harm the economies of Chicago, its suburbs, and rural communities across Illinois.”

Recent Headlines

3 hours ago in Sports, Trending

Rays put on the brink of World Series flop by Brewers’ historic 8-run, 2-out surge

Milwaukee became the first team to score eight runs with two outs in a World Series inning, routing the Rays 10-1 on Monday night to take a 3-0 lead in the best-of-seven series.

3 hours ago in Entertainment, Music

Jay-Z picks himself to headline the Super Bowl halftime show at SoFi Stadium in Southern California

The man who has helped produce the Super Bowl halftime show is stepping into the spotlight: Jay-Z will headline the show himself. The NFL, Apple Music and Roc Nation announced Monday night that Jay-Z will be the featured performer for the halftime festivities on Feb. 14 at SoFi Stadium in Inglewood, California.

1 day ago in Entertainment

‘You Can See Everything’ surges with $19.5M at box office; ‘Clayface’ takes No. 1

DC Studios scored a modest, R-rated win with "Clayface," landing a $24 million opening weekend, according to studio estimates Sunday. But the biggest success story in theaters remained A24's Elizabeth Holmes documentary "You Can See Everything," which pulled in $19.5 million in its first weekend of wide release.