U.S. rules require rail mergers to show that a deal would serve the public interest and enhance competition, a step beyond ...

Commerce Secretary Howard Lutnick said he’d support consolidation as a means to make the US freight rail industry more efficient, a potential boost for Union Pacific Corp.’s $72 billion takeover of ...

Union Pacific Corp. is acquiring Norfolk Southern Corp. in an $85 billion deal, the companies announced Tuesday, in a merger that the companies said will create America’s first transcontinental ...

The proposed Union Pacific and Norfolk Southern transcontinental merger could lead to nearly 10% traffic growth by 2030 — a ...