Hints and tips:
...Schiff rivalled John Pierpont Morgan’s standing on Wall Street — his reputation only enhanced when he orchestrated a rescue of Union Pacific Railroad in the late 1890s after Morgan had abandoned the assignment...
...US railroad Union Pacific on Sunday said it would replace its chief executive Lance Fritz this year. Investcorp is opening an office in Tokyo....
...Union Pacific and Norfolk Southern both say they move a ton of freight 444 miles on a single gallon of diesel. The industry continues to invest to improve its sustainability....
...The Canadian-born executive retired from his post at CN in 2016 and later joined Union Pacific, the largest listed US railroad company, as chief operating officer and then senior adviser....
...TCI has recommended Jim Vena, who has worked at CN in the past and at rival Union Pacific, as the person to run the company....
...Both Canadian National and Canadian Pacific operate in the central and eastern US, as do CSX and Norfolk Southern, while Union Pacific and BNSF are present in the west....
...Altria, the maker of Marlboro cigarettes, and Union Pacific, the railroad group, are also at risk of failing pay votes in the weeks ahead, according to report last week from Morgan Stanley....
...between large retailers, trucking companies, warehouses, railroads and freight companies....
...(FT) Railroad deal is the biggest of the year Canadian Pacific has agreed to buy Kansas City Southern for $28.9bn, including debt, in the largest takeover so far this year....
...US law firm Hogan Lovells has hired Patrick Sarch as a partner and co-head of London M&A. He joins from White & Case where he was co-lead of the corporate practice in London....
...His epiphany came at the age of six, he says, when seeing electric trains at the Union Pacific railroad where his father worked led to the vision of a pure electric freight truck....
...And As You Sow, a San Francisco non-profit that files shareholder petitions with investors, launched a “say on climate” proposal at US railroad Union Pacific too....
...Video of the day Mapping the urban sprawl A new look at antique US railroad maps reveals how cities grew over the past 200 years....
...“This year will mark a turning point in the US market and we will pursue a V-shaped recovery there,” Hyundai said....
...“The statement had multiple mentions of common concerns, but not much agreement over what to do about them,” Lourdes Catrain, a partner in the trade practice at the law firm Hogan Lovells in Brussels, says...
...Maja Kocijancic, an EU spokesperson, told reporters on Friday that efforts were continuing to sustain co-operation with Iran in key economic sectors, including oil....
...Mr Pham was a student of geology in Moscow when the Soviet Union was disintegrating....
...Sneader is the firm’s Asia-Pacific chairman and was elected to replace Dominic Barton who has held the role for the past nine years. (FT)....
...Twenty years later, J Cooke & Co, the principal backers of the Northern Pacific Railroad, went bankrupt, setting off a chain reaction that caused the Panic of 1873....
Concern rises as UK prepares to start process of leaving EU
...Hogan Lovells hired Christopher Moore as a partner in Northern California....
...Neal Katyal Global co-head of appellate practice, Hogan Lovells Fans of the US political drama House of Cards will be familiar with Neal Katyal....
...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 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...
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