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

The largest rail union in the United States said on Tuesday it intends to oppose Union Pacific's proposed $85 billion ...

The deal, which would build first coast-to-coast freight rail, could take up to two years to complete amid scrutiny.

If a Union Pacific and Norfolk Southern merger is completed, it would become the largest rail operator by market cap in North America ...

The deal announced on July 29 would put roughly 40% of the nation's rail freight in the hands of a single company.

Union Pacific Corp. is acquiring Norfolk Southern Corp. in an $85 billion deal, the companies announced Tuesday, a merger they said will create America's first transcontinental railroad.

Norfolk Southern deal, a single company would control coast-to-coast rail shipments for first time in U.S. history.