Union Pacific and Norfolk Southern are confirming they're in merger talks that would create North America’s largest railroad, stretching service from East to West Coasts.

Union Pacific Corp. (NYSE:UNP) on Thursday reported better-than-expected second-quarter 2025 earnings and revenue, driven by volume growth, core pricing gains, and record operational productivity. The railroad posted net income of $1.

Union Pacific and Atlanta-based Norfolk Southern confirmed Thursday that they are in merger talks that would create a single U.S railroad with service stretching from the East to the West Coast.