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

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.

Union Pacific and Norfolk Southern confirm merger talks to create coast to coast railroad To be approved, any major rail merger must show it will enhance competition and serve the public interest ...