The proposed merger would establish a $200bn coast-to-coast rail company, as well as create the first modern West-to-East single-line freight railroad

Q2 2025 Management View CEO Vincenzo James Vena highlighted, "Union Pacific reported 2025 second quarter earnings per share of $3.15. We had 2 unusual and offsetting items in the second quarter: a deferred tax benefit;

Union Pacific and Norfolk Southern confirmed that they are in “advanced” merger talks that would create a single U.S railroad with service stretching from the East to the West Coast. The Associated Press reported last week that the companies were discussing a tie-up but neither company acknowledged that until Thursday morning.