Union Pacific and Norfolk Southern are confirming they're in merger talks that would create North America’s largest railroad, stretching service from East to West Coasts.

Stagnant volumes that have shifted to the trucking sector over the years appear to support the arguments for railroad consolidation.

Norfolk Southern (NSC) has experienced a noticeable price increase of 25% over the last quarter. This robust upward movement is largely linked to the ongoing merger discussions with Union Pacific Corporation,