Union Pacific's $85B Railroad Merger: A Transcontinental Gamble
Update: 2025-10-23
Description
Union Pacific eyes a game-changing $85 billion merger with Norfolk Southern to create the first transcontinental railroad, promising faster shipping and boosted competition against trucking. Despite support from unions and some shippers, concerns about reduced competition and potential rate hikes are fueling opposition, as regulators weigh the future of rail in a rapidly evolving transportation landscape.
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