The Union Pacific/Norfolk Southern merger could create the first modern true transcontinental railroad. Click here to read an analysis of UNP stock now.

Union Pacific and Norfolk Southern today announced a $250 billion deal to tie their networks together and create the first U.S. transcontinental railroad. The merged company, the Union Pacific Transcontinental Railroad,

Norfolk Southern reports Q2 2025 earnings with $3.1B revenue, 62.2% operating ratio, and confirms historic $85B merger talks with Union Pacific to create transcontinental railroad.