Jim Vena and Mark George

Union Pacific Corporation and Norfolk Southern Corporation announced an agreement to create America’s first transcontinental railroad. These companies will seamlessly connect over 50,000 route miles across 43 states from the East Coast to the West Coast, linking approximately 100 ports and nearly every corner of North America. This combination will transform the U.S. supply chain, unleash the industrial strength of American manufacturing, and create new sources of economic growth and workforce opportunity that preserves union jobs. The two legendary railroads have agreed to combine in stock and cash merger, creating a combined enterprise of over $250 billion. The Union Pacific Transcontinental Railroad will connect people, strengthen communities, and build a stronger, more competitive America. …The combined company will deliver faster, more comprehensive freight service to U.S. shippers by eliminating interchange delays, opening new routes, expanding intermodal services, and reducing distance and transit time on key rail corridors.