Union Pacific has announced an $85 billion bid to acquire Norfolk Southern, aiming to create the first U.S. transcontinental railroad. This merger would connect over 50,000 miles of track across 43 states and link major ports on both coasts, streamlining shipments and reducing delays by eliminating network handoffs. The deal promises improved speed and reliability for shippers, with CEO Jim Vena pledging to address past merger challenges. Regulatory scrutiny is expected.