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.
Between 1863 and 1869, the first transcontinental line, known as the Pacific Railroad, was built in the United States. The line ran from Omaha, Nebraska, to Sacramento, California, and carried ...
OMAHA, Neb. — Union Pacific wants to buy Norfolk Southern in a $85 billion deal that would create the first transcontinental railroad in the U.S, and potentially trigger a final wave of rail mergers ...
Union Pacific and Norfolk Southern to create America’s First Transcontinental Railroad. Under the terms of the agreement, Union Pacific will acquire Norfolk Southern in a stock and cash transaction, ...
The rapid expansion of America's railroad system in the 1800s and early 1900s was driven largely by a small group of powerful businessmen. Here we profile 12 of the most influential railroad magnates ...
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