Railroad operator Union Pacific UNP -1.24% is holding talks to acquire its smaller rival Norfolk Southern NSC -0.88% in a deal that could create the largest rail operator in the country, according ...

Union Pacific UNP -1.47% and Norfolk Southern NSC -0.36% said that they are in advanced talks over a merger that could create the largest rail operator in the country. The companies said Thursday ...

Union Pacific and Norfolk Southern confirmed that they are in “advanced” merger talks that would create a single U.S railroad with service stretching from the East to the West Coast.