The $85 billion Union Pacific and Norfolk Southern merger agreement includes a $2.5 billion breakup fee that anticipates potential twists and turns that could play out over the next two years. The ...

Together, the two would create the first transcontinental freight rail in the United States and the largest freight rail network in the country ...

As two of America's freight railroads move to merge, industrial supply chains could see both streamlined coast-to-coast shipping and reduced competitive alternatives in an increasingly consolidated ...