Canadian Pacific Kansas City said today that Class I railroad mergers are not necessary and that it isn’t interested in ...

The new railroad, regulators reasoned, would benefit trade across North America. Union Pacific and Norfolk Southern said they hope to get approval for the deal by early 2027.

Union Pacific said on Tuesday it would buy smaller rival Norfolk Southern in an $85 billion deal to create the first U.S.

Union Pacific, based in Omaha, has over 32,000 employees, and Norfolk Southern, with headquarters in Atlanta, has nearly 20,000. At both railroads, around four-fifths of the work force belongs to ...

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 would create ...

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

Union Pacific’s stock fell nearly 2% to $224.98 in premarket trading, while Norfolk Southern’s stock dipped more than 3% to $277.40.