Union Pacific CEO Jim Vena on proposed merger with Norfolk Southern, tariffs impact on supply chain
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TL;DR
watch now Union Pacific CEO Jim Vena on proposed merger with Norfolk Southern, tariffs impact on supply chain CNBC’s Frank Holland and Union Pacific CEO Jim Vena join 'Squawk Box' to discuss the status of the company's proposed merger with Norfolk Southern, impact of tariffs on supply chain, and more. 06:22 8 minutes ago Union Pacific CEO Jim Vena said he’s not interested in the federal government acquiring a stake in UP’s massive, $71.5 billion acquisition of Norfolk Southern—after President Trump expressed his interest to Fortune in owning a part of what could be the largest railroad merger—but Vena also didn’t definitively shut down the possibility. Speaking to CNBC on Thursday, Vena said he’s complimented by Trump’s interest, but that Union Pacific doesn’t need any such federal support.