Union Pacific and Norfolk Southern to create $250bn US rail giant in biggest deal of the year
Combined operator would be the first to carry cargo from the west coast to the eastern seaboard on its own tracks
Combined operator would be the first to carry cargo from the west coast to the eastern seaboard on its own tracks
Deal between Union Pacific and Norfolk Southern would create first transcontinental operator in 200-year history of US rail
Freight groups warn the $250bn megamerger could raise prices and cut services
Brussels launches €345bn high-speed rail plan to compete with planes
Union Pacific said on Tuesday it would buy smaller rival Norfolk in an $85 billion deal, to create the nation's first…
China’s state-owned shipping conglomerate Cosco in talks to join consortium
The industrial footprint of the combined entity makes sense
