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.

Exciting news in the railway industry as Union Pacific and Norfolk Southern consider merging to create the largest railroad in North America! Will this mega-merger revolutionize transportation and connect the east and west coasts?

Railroad operator Union Pacific is exploring a deal to buy smaller rival Norfolk Southern , the Wall Street Journal reported, in a merger that would bolster the industry leader's heft and likely draw intense regulatory scrutiny.