The Union Pacific and Norfolk Southern Railroads announce plans to create the first transcontinental railroad. (Courtesy of Norfolk Southern)
OMAHA — Omaha-based Union Pacific Railroad’s announcement Tuesday that it is acquiring the Norfolk Southern Railway — a move that would create the first transcontinental, coast-to-coast rail system — drew praise from Nebraska’s public and business leaders.
Omaha Mayor John Ewing Jr. lauded U.P.’s decision to remain headquartered in Omaha and to keep its name, saying that both decisions give the city “confidence in a long, proud, shared future.”…