Railroad companies seek merger to create first transcontinental freight railroad

Mergers & Acquisitions - Two major railroad giants are planning an $85 billion (850 亿) merger [1] - The merger aims to create the first transcontinental railroad system in the US [1] - Union Pacific intends to acquire Norfolk Southern [1] Regulatory Scrutiny - The deal will face significant scrutiny from antitrust regulators [1] - Regulators have set a high bar for consolidation in the railroad industry [1] Operational Concerns - Previous mergers in the industry have resulted in traffic and backups [2] - Norfolk CEO assures commitment to prevent recurrence of traffic and backups [2]