After first saying in November that operating ratio for the year would be flat, a strong December has enabled it to tick up slightly.
Jim Vena, protege of vaunted rail executive Hunter Harrison, seen as likely helping boost UP’s move to greater efficiency.
Cowen expects softening trucking prices in 2019 to be a headwind for truckload carrier earnings, but should widen gross margins for freight brokerages.
Rail and truck demand a secondary casualty in trade dispute.
In this final part of the three-part series, the author looks at what steps need to be taken to successfully implement precision railroading.
Precision railroading has worked, but consistent success has been elusive.
The Unified Plan 2020 is in place in one corridor, with another to come. So far, UP executives are boasting about its success.
The usual signs of an upturn in the trucking sector aren’t there, according to the Wall Street house, and Morgan wonders if a lot of the demand got pushed forward.
Railroad sees more appliance and brown paper freight moving off road transportation to rail.
In his preview of the railroads’ Q3 earnings reports, Susquehanna’s Bascome Majors set optimistic price targets but warned that P/E valuations are at historically high levels.
Michigan-based asset-light logistics provider aims to boost western U.S. presence with latest acquisition.
Howard Green is best on fights between the serial CEO and his boards, activist investors, and proxy wars, but there’s a lot in the book for railroad buffs who want to know more about Harrison’s signature philosophy, precision scheduled railroading.
Mike Lacey sees some improvement in his relationship with railroads, but it’s coming from a very low point.
Largest U.S. intermodal rail carrier sees uptick in domestic containers and trailers as trucking capacity remains tight.
Port aims for new on-dock rail facility to handle increased container throughput and meet clean-air goals.
The Southern California International Gateway is no nearer completion 13 years after it was first proposed.
Never the trains shall meet as CSX’s intermodal changes rile UP service.
The class 1 railroad owned by Berkshire Hathaway had the worst OR of any of the class 1 railroads for the second quarter.
Analysts have issues with the operating rate, and price increases that seem small compared to the transport sector as a whole.
Delays by other railroads in implementing PTC is the basis for BNSF to request a delay in its end-year deadline.
