News

Union Pacific and Norfolk 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 ...

Union Pacific, Norfolk Southern merge creating first US transcontinental railroad

Union Pacific and Norfolk Southern announce a landmark $85 billion merger to create America's first transcontinental railroad ...

Union Pacific and Norfolk want to merge, create transcontinental railroad

The railroads said the merger would streamline deliveries by eliminating several days of delays when shipments are handed off ...

Skadden, Wachtell Guide Landmark $85B Railroad Merger

Union Pacific is acquiring Norfolk Southern Railroad, with the combination set to create America's first-ever ...
Trains1d

Shipper groups oppose more railroad mergers

Groups representing rail shippers say they would be opposed to the creation of a transcontinental railroad in the U.S., arguing that further consolidation in the industry would reduce their ...

A $200 Billion Railroad Nears Reality After Decades of M&A Dreams

The US railroad industry has sought consolidation for decades. For Union Pacific Corp. and CEO Jim Vena, the stars are ...

Proposed coast-to-coast Amtrak route would pass through Galesburg and Princeton

A new coast-to-coast Amtrak proposal would include stops in Galesburg and Princeton, Illinois, connecting the Midwest to New ...