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News

US rail merger could create coast-to-coast

Associated Press News · 15d
Union Pacific, Norfolk Southern discuss merger to create transcontinental railroad, AP source says
Union Pacific and Norfolk Southern are in merger talks to create the largest railroad in North America that would connect the East and West Coasts.
Barron's on MSN · 1d
Train Stocks Could Fare Well as Union Pacific and Norfolk Southern Merge. Picking Winners.
When Union Pacific and Norfolk Southern announced their merger deal Tuesday to form “America’s first transcontinental railroad,” it puzzled some who recalled the golden spike driven in 1869 at Utah’s Promontory Summit. That last spike only connected two railroads from Omaha, Neb., to Sacramento, Calif.
CBS News on MSN · 3d
Union Pacific and Norfolk Southern propose merger to create nation'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.
3don MSN
America’s first transcontinental freight railroad is planned after a megamerger
Two of the largest US railroads, Union Pacific and Norfolk Southern, announced on Tuesday a plan to combine in a $72 billion ...
3don MSN
From Lincoln’s dream to an $85 billion merger, the transcontinental railroad is back
The coastal rail giants say it would create 'the first transcontinental railroad in America' through an $82 billion deal.

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