Union Pacific wants to buy Norfolk Southern for $85 billion, creating the first transcontinental railroad in the United States.

The merger would create the United States’ first coast-to-coast rail network, spanning 50,000 miles and 43 states.

S&P could raise its ratings on Norfolk Southern if the merger completes without significant concessions and Union Pacific maintains its ’A-’ rating. Conversely, the outlook could revert to stable if ...

The largest rail union in the United States said on Tuesday it intends to oppose Union Pacific's proposed $85 billion ...

One of the two major railroads serving South Carolina would be sold under an $85 million deal announced July 29 that would ...

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

Union Pacific had said on Thursday it is in advanced talks to acquire its rival, signaling that a deal to form a $200 billion ...