Union Pacific and Norfolk Southern announce a landmark $85 billion merger to create America's first transcontinental railroad ...

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

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

The move would create America's first coast-to-coast freight railway and involves two of the biggest players in the US rail ...