Shoddy construction work had been approved by both sides in the race to extend across Utah. And if the Central Pacific was cash-strapped, the Union Pacific was practically broke.

However, the deal made between Union Pacific and Norfolk Southern will create a seamless connection that rolls over 43 states and more than 50,000 route miles from coast to coast. The service will ...

Union Pacific is expecting to boost its company value to $30 billion while reaping in $2.75 billion annually. The company is offering Norfolk Southern shareholders $88.82 in cash per share and one ...

The proposed merger, announced Tuesday, would marry Union Pacific’s rail network in the West with Norfolk’s rails that snake across Eastern states. The nation was first linked by rail in 1869, when a ...

A Union Pacific train transports coal through Spanish Fork Canyon in Utah County, Utah. on Wednesday, July 31, 2024. (Photo by Spenser Heaps/Utah News Dispatch) ...

(The Center Square) – Union Pacific and Norfolk Southern plan to create America’s first transcontinental railroad, connecting over 50,000 route miles across 43 states from the East Coast to ...

The proposed merger, announced Tuesday, would marry Union Pacific’s vast rail network in the West with Norfolk’s rails that snake across 22 Eastern states, and the District of Columbia.

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 mergers across the ...

Union Pacific and Norfolk Southern announce a landmark $85 billion merger to create America's first transcontinental railroad, connecting over 50,000 route miles from coast to coast.

Union Pacific's stock rose slightly to $229.35 in premarket trading, while Norfolk Southern's stock dipped more than 2% to $279.95.

July 29 (UPI) -- The Union Pacific and Norfolk Southern corporations announced Tuesday the companies will merge to create America's first transcontinental freight railroad. The agreement will see ...

Under the terms of the agreement, Union Pacific will acquire Norfolk Southern in a stock and cash transaction, implying a value for Norfolk Southern of $320 per share based on Union Pacific’s ...