Two of the largest US railroads, Union Pacific and Norfolk Southern, announced on Tuesday a plan to combine in a $72 billion deal that would create America’s first transcontinental freight railroad.

Union Pacific , the largest U.S. railroad operator, said on Thursday it is in advanced talks with rival Norfolk Southern , ...

Both Union Pacific and CSX have done a good job of producing high profit margins. But Union Pacific has been more effective with its pricing power, perhaps because of its particular exposure ...

Three years later, Conrail was divvied up by Norfolk Southern and CSX, which led to more ... The combined railroad, regulators reasoned, would benefit trade across North America. Union Pacific ...

BNSF Railway has hired Goldman Sachs and CSX Corp is in talks to bring on financial advisers, as rival Union Pacific’s ...