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UP CEO Vena blasts rivals: mega-merger ‘is enhancement of competition’
ID 186716998 © Wirestock | Dreamstime.com 18/06/2026 Another event organised by a prominent sell-side house, another opportunity for Union Pacific CEO Jim Vena to make very clear how, in his personal view, the Union Pacific-Norfolk (UP-NS) mega-deal is truly compelling – and, surely, in the public interest. On Tuesday (16 June), Vena also loudly reminded…
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High Oil Prices Are Driving an EV Boom in Europe
High oil and fuel prices led to yet another monthly rise in electric car sales in Europe, at a solid 34% on the year, thanks in no small part to the wider availability of cheaper vehicles from China, Reuters reported today, citing data from E-Mobility and New Automotive. Yet, European carmakers are also seeing higher…
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Cold storage crunch eases as vacancy rates hit 20-year high and supply dries up
AI-generated 18/06/2026 Vacancy rates in the cold storage sector are at historically high rates. The development pipeline for new facilities is at a record low, which suggests a bright future beyond the current pain. This week Vertical Cold Storage acquired a refrigerated warehouse in Dothan, Alabama from Dothan Warehouse for an undisclosed sum. It is…