Union Pacific and Norfolk Southern are in advanced talks for a potential merger, creating a $200bn coast-to-coast rail company. This deal could change the transportation of goods like grains and autos. Competitors BNSF and CSX are also considering mergers. The merger faces regulatory hurdles from the Surface Transportation Board.

Union Pacific plans to invest $3.4bn in infrastructure by 2024. Norfolk Southern manages seven million carloads annually across 22 states. Both companies play vital roles in connecting communities and businesses to the global market. The merger discussions are ongoing, with no final agreement confirmed yet.

Read more at Yahoo Finance: Union Pacific, Norfolk Southern explore potential merger