Ag Shippers: NAFTA Trade War Costly

Dan Economy, Industry News Release, Trade

Union Pacific CEO Lance Fritz says trade disruptions are threatening to undermine an otherwise robust economy. The rail company, headquartered in Omaha, Nebraska, told the Omaha World-Herald that the current trade disruption: “Affects the 7,300 communities Union Pacific serves.” Specifically, the North American Free Trade Agreement (NAFTA) renegotiation effort is harming U.S. railways. About 40 percent of Union Pacific traffic …