Virginia Business

Union Pacific, Norfolk Southern seek 1st transcontinental railroad through massive merger

OMAHA, Neb. (AP) — Union Pacific is seeking to buy Norfolk Southern in a $85 billion deal that would create the first transcontinental railroad in the U.S, and potentially trigger a final wave of rail ...
Fast Company

From Lincoln’s dream to an $85 billion merger, the transcontinental railroad is back

Between 1863 and 1869, the first transcontinental line, known as the Pacific Railroad, was built in the United States. The line ran from Omaha, Nebraska, to Sacramento, California, and carried ...
Seeking Alpha

Creating America’s First Transcontinental Railroad: Union Pacific and Norfolk Southern’s STB Merger Application Details Enhancements to Competition and Public Benefits

OMAHA, Nebraska & ATLANTA--(BUSINESS WIRE)-- Union Pacific Corporation (UNP) and Norfolk Southern Corporation (NSC) today filed an application with the Surface Transportation Board (STB) requesting ...
The New York Times

Rail Giants Aim to Prove Benefits of Coast-to-Coast Network

Regulators will decide whether a merger of Union Pacific and Norfolk Southern would improve shipment times or stifle competition. A decision is expected in 2027. By Peter Eavis The two freight rail ...
KVUE

Union Pacific and Norfolk Southern eye historic merger to connect East and West Coast

OMAHA, Neb. — Union Pacific and Norfolk Southern are in merger talks to create the largest railroad in North America that would connect the East and West Coasts. The merger discussions began during ...