智通财经网·2025-07-17 23:23Group 1 - Union Pacific is considering acquiring Norfolk Southern, which would be the largest merger in the U.S. railroad industry history, with a combined market value approaching $200 billion [1] - Norfolk Southern's stock rose by 4.31% in after-hours trading, while Union Pacific's stock increased by 0.5% [1] - The merger would create an integrated railroad network by combining Union Pacific's western network with Norfolk Southern's eastern routes, intensifying competition for CSX and BNSF [1] Group 2 - Speculation about large-scale mergers in the North American railroad industry has increased, with expectations that the government may favor industry consolidation during Trump's presidency [2] - Union Pacific's CEO expressed a desire for significant mergers but acknowledged the political and regulatory complexities involved [2] - Norfolk Southern's CFO also supported the merger, highlighting the need to address regulatory and political challenges [2]