For the link lovers ... here's the article which summarizes the impact of the Union Pacific Railroad's Force Majeure announcement and how that will impact CF Industries.
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free market has been allowed to become. The damage done by undermining the free market attributes - failing to protect them - cannot be overstated. Somebody needs to document the money trail behind this, why Congress shifted from being anti merger to pro merger, almost overnight. Who paid who?
But I haven't yet been able to dig up the actual rationale for UP RR's Force Majeure for 'selected' customers.
Since CF Industries also makes DEF (Diesel Exhaust Fluid ... which is an emissions control additive), it seems especially strange that a 'selected' Force Majeure that impairs CF's ability to supply DEF to the truckers / rail locomotives that burn diesel.
I wonder if CF's DEF business has something to do with this peculiar Force Majeure declaration by UP.