The Union Pacific and Norfolk Southern corporations announced Tuesday the companies will merge to create America's first transcontinental freight railroad.

Union Pacific said on Tuesday it would buy smaller rival Norfolk in an $85 billion deal, to create the nation's first coast-to-coast freight rail operator.

Union Pacific is seeking to buy Norfolk Southern in a deal that would create the first transcontinental railroad, and potentially trigger a wave of rail mergers.

Union Pacific agrees to buy Norfolk Southern, establishing a $250bn colossus with 50,000 miles of track.

The Union Pacific and Norfolk Southern corporations announced Tuesday the companies will merge to create America's first transcontinental freight railroad.

The deal, which would build first coast-to-coast freight rail, could take up to two years to complete amid scrutiny.

Implantée dans l’ouest du pays, la société Union Pacific a proposé, mardi 29 juillet, d’acheter sa rivale de l’est, Norfolk Southern. Dans le fret ferroviaire, clé de l’économie…