US rail merger could create first coast-to-coast freight service

Union Pacific set to acquire Norfolk Southern in an $85 billion deal to form the first coast-to-coast US freight railroad, creating a $250 billion rail network across 43 states. The merger aims to enhance efficiency, reduce transit times, and improve competitiveness against other transport modes. Executives anticipate finalizing the merger by early 2027, with plans to invest $2 billion in network integration and ensure preservation of Union Pacific and Norfolk Southern union jobs.