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.

Railroad company Union Pacific will buy Norfolk Southern in a cash and stock transaction valued at $85 billion, combining two of the largest rail operators in the nation.

Union Pacific and Norfolk Southern union employees—including train crew, mechanical and engineering—will have job opportunities with the combined company. Beyond job security, expected rail volume ...

Union Pacific and Norfolk Southern said on Tuesday that they have agreed to a merger to create a $200 billion rail giant based on their current market capitalizations.

OMAHA, Neb. & ATLANTA-- (BUSINESS WIRE)-- Union Pacific Corporation (NYSE: UNP) and Norfolk Southern Corporation (NYSE: NSC) today announced an agreement to create America’s first ...

The Union Pacific/Norfolk Southern merger could create the first modern true transcontinental railroad. Click here to read an analysis of UNP stock now.

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

Atlanta-based Norfolk Southern and Union Pacific have agreed to a merger that would create the first transcontinental railroad in the U.S.

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 and Norfolk Southern today announced an $85 billion deal to tie their networks together and create the first U.S. transcontinental railroad.

Union Pacific wants 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 mergers across the ...

Union Pacific and Norfolk Southern announced a merger agreement to create the nation's first transcontinental railroad. The combined company, Union Pacific Transcontinental Railroad, will be ...