Two of the largest US railroads, Union Pacific and Norfolk Southern, announced on Tuesday a plan to combine in a $72 billion deal that would create America’s first transcontinental freight railroad.

In 1869, the first-ever American transcontinental railroad was completed at Promontory Summit, then in the Utah Territory. Passengers and cargo from the industrial cities of the Northeast could make ...

OMAHA, Nebraska & ATLANTA--(BUSINESS WIRE)-- Union Pacific Corporation (UNP) and Norfolk Southern Corporation (NSC) today filed an application with the Surface Transportation Board (STB) requesting ...

Union Pacific is seeking to buy Norfolk Southern in a deal valued at $85 billion in a merger that could trigger the final wave of railroad mergers across the country.The merger would create the first ...

President Trump’s focus on reshoring industry and putting American workers first is laying the foundation for a long-awaited manufacturing revival. His agenda is clear: rebuild the industrial might of ...

For decades, a patchwork of regional rail networks across the United States have been forced to grapple with the same headache: Interchanges, where cargo is handed from one rail line to another.

America’s shipping landscape stands on the brink of a dramatic transformation as two railroad giants announced a groundbreaking merger that could fundamentally change how goods move across the ...

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Preston is a research fellow for tax policy in The Heritage Foundation’s Grover M. Hermann Center for the federal budget. Imagine if airlines couldn’t fly nonstop between the East and West coasts.

Two of the largest U.S. railroads, Union Pacific and Norfolk Southern, announced on Tuesday a plan to combine in a $72 billion deal that would create America's first transcontinental freight railroad.