Hints and tips:
...According to an interview he gave to trade publication Trucks.com in 2019, his father was a manager at the Union Pacific railroad, and his mother died of cancer when he was a teenager....
...NS and CSX dominate the eastern US, Union Pacific and BNSF — part of Warren Buffett’s Berkshire Hathaway — the west and Canadian Pacific and Canadian National Canada and some lines in US....
...He also suggested that BNSF was considering participating in mergers, although the company — like Union Pacific — has stressed it opposes new mergers....
...The Burlington Northern and Santa Fe Pacific railroads merged in 1995, while Union Pacific took over the Southern Pacific the following year....
...The industry’s current structure — with CSX and NS in the eastern US, Union Pacific and BNSF in the west, CP and Canadian National in Canada and Kansas City Southern operating north-south — is widely regarded...
...In the year to date CSX shares are down 14 per cent, while Union Pacific has dropped 5.6 per cent....
...“Last year was the worst it has ever been,” Mr Burkhart says of the service the company received from Burlington Northern Santa Fe and Canadian Pacific, the two railroads that serve its nine facilities....
...“We’re getting worse, slower and more expensive,” says Dan Smith, of Tioga Group, a transportation consultancy....
...Union Pacific advanced 3.36 per cent to $174.17 after posting its first rise in volumes for six quarters, helped by more shipments of agriculture, cars and industrial goods....
...However, Jack Koraleski, chief executive of Union Pacific, operator of the biggest network, Wick Moorman, chief executive of Norfolk Southern, operator of the fourth-biggest, and Fredrik Eliasson, chief...
...United States Steel and Union Pacific Corporation were hit hard, down 3.5 per cent to $20.13 and 3.3 per cent to $120.95 respectively....
...Other companies among the big four US railroads saw share price rises on yesterday’s news. Main rival Union Pacific rose 6.8 per cent, while Norfolk Southern rose 2.4 per cent and CSX 6 per cent....
...B is a great backdoor way to play the current railroad boom that guys such as Warren Buffett have been predicting with his purchase of companies such as Union Pacific and Burlington Northern....
...The Dow Jones transportation index gained 2.2 per cent for the week. The S&P railroads index jumped 6.2 per cent, led by Union, up 6.2 per cent to $91.07 and CSX, up 7.6 per cent to $59.46....
...Railroad shares rallied as Union Pacific, the country's biggest independent rail operator, raised its fourth-quarter outlook. Union Pacific shares jumped 5.5 per cent to $65.67....
International Edition