Hints and tips:
...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....
...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....
...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....
...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...
...railroad and port operator, for access to ports in Rijeka and Ploce as well as its rail and cargo storage assets....
...The Federal Mediation and Conciliation service said on Monday it would work with the Pacific Maritime Association — the employers — and the International Longshore and Warehouse Union to try to broker agreement...
...To avoid future crises, all the many parties involved in each shipment — including shipping lines, terminal operators, truckers, railroads and the shippers that own the cargo — need to co-operate better,...
...The S&P 500 railroads index, which consists of CSX, Kansas City Southern, Norfolk Southern and Union Pacific Corp stocks, closed 0.6 per cent lower on the news....
...The best-performing North American railroads – including Canadian National and Union Pacific – report operating ratios in the mid-60s....
...Any further shift would provide a boost to big eastern railways – CSX and Norfolk Southern – and potentially take traffic from Union Pacific and BNSF, which operate in the US’s western two-thirds....
...This week, CSR agreed with GE to bid jointly against Siemens and Alstom for the high-speed rail services intended for Florida and California....
...BNSF, which with Union Pacific dominates rail traffic in the western two-thirds of the US, saw volumes of automotive traffic – mainly new cars – fall 28.6 per cent between the last quarters of 2007 and 2008...
...Most operators, among them Union Pacific, Norfolk Southern and BNSF, have improved service levels compared with last year....
...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....
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