Union Pacific is in talks to merge with Norfolk Southern, The Wall Street Journal reported Thursday, in a deal that would shake up the railroad business in America. The Journal cited people familiar with the matter.

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.

Union Pacific, the largest U.S. freight railroad operator, is considering acquiring Norfolk Southern to form a $200 billion coast-to-coast rail network. The merger talks are in initial stages, and experts anticipate rigorous regulatory scrutiny due to potential competition reduction.