Who Owns Union Pacific Railway and Why Did It Cut Shipping of Fertilizer to Farmers?
Last month, CF Industries, one of the world’s largest manufacturers of hydrogen and nitrogen fertilizer, warned its customers that Union Pacific Railway Lines is restricting their shipments during the spring application season, jeopardizing farmers’ harvests and increasing the cost of food for consumers.
Vanguard and BlackRock own the majority stakes in both CF Industries, the fertilizer manufacturer, and Union Pacific, the railway distributor.
Critics are suspicious of engineered food shortages.
Four years ago, Larry Fink, CEO of BlackRock asset management firm that controls trillions in investments, is a member of the board of trustees of Klaus Schwab’s World Economic Forum and sits on the board of directors for the Council on Foreign Relations.
A few years ago, Fink said: “Behaviors are going to have to change and this is one thing we are asking companies, you have to force behaviors and at BlackRock,