In a joint press release from the two railroading giants, the new proposed mega company is referred to as the "The Union Pacific Transcontinental Railroad."

Union Pacific is seeking to buy Norfolk Southern in a $85 billion deal that would create the first transcontinental railroad in the U.S, and potentially trigger a final wave of rail mergers across the country.

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