Union Pacific and Norfolk Southern have announced a proposed merger to form the United States’ first coast-to-coast freight railway. The transaction, subject to regulatory and shareholder approval, ...

While Union Pacific and Norfolk Southern have agreed to consolidate, intermodal heavyweights will have to reassess their links to the major railroads.

A merger between Union Pacific and Norfolk Southern would be a huge concentration of market power, limiting competition.

Last month, Union Pacific said it would buy smaller rival Norfolk Southern in an $85 billion deal to create the first U.S.

Warren Buffett’s Berkshire Hathaway said on Saturday it took a $3.76 billion writedown on its stake in Kraft Heinz during the ...

WARREN Buffett’s Berkshire Hathaway said on Saturday it took a $3.76 billion write-down on its stake in Kraft Heinz during ...

U.S. railroad customer groups have demanded regulators block or put onerous conditions on the proposed merger of Union ...