Senate Democratic Leader Chuck Schumer criticized Union Pacific's plan to acquire Norfolk Southern in a $85 billion deal to create the first U.S. coast-to-coast freight rail operator. Schumer said Thursday the deal would push "us even further down the road of dangerous consolidation and monopoly

Union Pacific is seeking to buy Norfolk Southern in a $85 billion deal that would create the first transcontinental railroad in the U

The merger would create the United States’ first coast-to-coast rail network, spanning 50,000 miles and 43 states.