Norfolk Southern and Union Pacific are looking to merge, which would create the first transcontinental railroad in the U.S.

Union Pacific and Norfolk Southern have announced a proposed merger to form the United States’ first coast-to-coast freight railway.

While Union Pacific and Norfolk Southern have agreed to consolidate, intermodal heavyweights will have to reassess their links to the major railroads.

Shippers across multiple industries are urging federal regulators to block or heavily condition the proposed $250 billion merger of Union Pacific (NYSE:UNP) and Norfolk Southern (NYSE:NSC), citing ...

US railroad customer groups have demanded regulators block or put onerous conditions on the proposed merger of Union Pacific and Norfolk Southern, as both sides prepare for a regulatory battle over ...

Warren Buffett's company reported less than half as much profit in the second quarter as it took a $3.76 billion writedown on ...

Warren Buffett's Berkshire Hathaway on Saturday took a $3.76 billion writedown on its stake in Kraft Heinz, an acknowledgment the decade-old investment hasn't worked out, and reported lower quarterly ...

When the company announced plans in late 2018 to relocate to Atlanta from Virginia, there appeared to be nothing but clear tracks ahead.

According to recently published statements made by Union Pacific CEO Jim Vena, we need a transcontinental rail merger to ...

Goldman Sachs is reportedly advising CSX on merger options after Union Pacific said that it would acquire Norfolk Southern.

Highlights: GAAP diluted earnings per share (EPS) of $0.42 for the second quarterSecond quarter revenue of $905.6 millionNon-GAAP adjusted EPS of $0.45, which excludes adjustments for vendor settlemen ...

When Union Pacific and Norfolk Southern announced their merger deal Tuesday to form “America’s first transcontinental ...