Intermodal would be approximately 53% of a combined entity's volume. The post Analysis: What a Union Pacific – Norfolk Southern merger would look like appeared first on FreightWaves.

Union Pacific wants to buy Norfolk Southern in a $85 billion deal that would create the first transcontinental railroad in the U.S, and potentially trigger a final wave of rail mergers across the country.

Union Pacific and Norfolk Southern could announce a tentative merger agreement as early as this week, according to a published report. Bloomberg cited sources familiar with the talks in its report on Friday.

The proposed acquisition creates the first transcontinental freight railroad. The post Union Pacific, Norfolk Southern submit merger ‘pre-filing’ appeared first on FreightWaves.

Union Pacific and Norfolk Southern announced a merger that will create the first transcontinental railroad with an enterprise value of more than $250 billion.

Union Pacific and Norfolk Southern at 7:00 AM EDT announced their agreement to, in a combined cash and stock transaction valued at more than $250 billion, merge and

Senator Chuck Schumer called the merger a ‘hostile takeover of America’s infrastructure.’ U.S. railroad customer groups have demanded regulators block or put onerous conditions on the proposed merger of Union Pacific and Norfolk Southern,