Two of the largest US railroads, Union Pacific and Norfolk Southern, announced on Tuesday a plan to combine in a $72 billion deal that would create America’s first transcontinental freight railroad.

Union Pacific is seeking to buy Norfolk Southern in a $85 billion deal that would create the first transcontinental railroad in the U.S.

The proposed merger on Tuesday of Union Pacific and Norfolk Southern would create the first coast-to-coast railroad in the United States that would be controlled by a single entity. The deal, value… ...

Union Pacific and Norfolk Southern confirm merger talks to create coast to coast railroad To be approved, any major rail merger must show it will enhance competition and serve the public interest ...

Union Pacific, a freight rail giant, announced on Tuesday that it had reached an agreement to acquire Norfolk Southern, another large railroad, in a deal worth $85 billion.

The merger of Union Pacific and Norfolk Southern would create a single, transcontinental railroad company for the first time in U.S. history.

Railroad operator Union Pacific (UNP) is reportedly close to acquiring Norfolk Southern (NSC) for $320 per share in a cash-and-stock deal, which would give its smaller rival a valuation of about ...

Union Pacific, the most profitable freight railroad in the United States, said on Thursday that it was in talks to merge with Norfolk Southern, another freight giant.