Union Pacific , the largest U.S. freight railroad operator, is exploring a possible acquisition of Norfolk Southern to create a $200 billion coast-to-coast rail network, a person familiar with the matter said.

Merger talks to create the largest railroad in North America that would connect the East and West Coasts are underway between Norfolk Southern and Union Pacific. Discussions began during the

Union Pacific (NYSE:UNP), the largest freight railroad in the U.S., is exploring a potential acquisition of Norfolk Southern (NYSE:NSC), aiming to form a $200 billion transcontinental rail giant. The move could reshape