Union Pacific, Norfolk Southern in Talks for $200 Billion Merger

NEW YORK – Union Pacific is in advanced talks to merge with Norfolk Southern in a $200 billion deal that would create the first coast-to-coast freight railroad in the U.S. The potential merger, the largest in industry history, has triggered other rail giants like BNSF and CSX to consider their own deals. Regulators are preparing for multiple proposals, as critics warn the consolidation could reduce competition and raise shipping costs.