Union Pacific said on Tuesday it would buy smaller rival Norfolk Southern in an $85 billion deal to create the first U.S. coast-to-coast freight rail operator and reshape the movement of goods from ...

Two of the largest US railroads, Union Pacific and Norfolk Southern, announced on Tuesday a plan to combine in a $72 billion deal that would create America’s first transcontinental freight railroad.

Union Pacific reported fourth-quarter profit and revenue below analysts' estimates on Tuesday, as volatile freight ​demand and sustained macroeconomic pressures strained its operations.

The merger would create the United States’ first coast-to-coast rail network, spanning 50,000 miles and 43 states. By Peter Eavis Union Pacific, a freight rail giant, announced on Tuesday that it had ...

SMART Transportation Division (SMART-TD), the largest rail labor organization in the U.S., tells CNBC it will oppose the proposed merger between freight rails Union Pacific and Norfolk Southern. The ...

Railroad giants Union Pacific and Norfolk Southern formally sought federal approval Friday for a seismic merger that would change how freight moves across the region and continent. “This is huge,” the ...

Deal would create US transcontinental freight giant STB's regulatory review expected to take 16 months after filing Trump admin's antitrust shift enables deals seen before as no-go Unions plan to ...