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Union Pacific chief says ‘climate change looks quite real to us’ as company forced to rebuild bridges
Shareholder resolutions related to diversity at US-listed groups gain stronger backing in 2021
Many backlashes stem from plan changes to ensure bonuses were paid out during pandemic
Once reliable source of blue-collar employment cuts back as wider labour market booms
Approach pioneered by the late Hunter Harrison is spreading
Market is stretched to full capacity amid US shale oil’s drive to extend output cheaply
CSX will not buy locomotives to haul the fuel despite Trump pledge to revive industry
Investors in capital-intensive sectors will hope US data are misleading
Union Pacific chief hits at stance of presidential hopefuls
Several freight markets look weak, including air and dry bulk ships
Drop in coal demand hits rail operator stalked by Canadian Pacific
Crude oil rally propels S&P 500 energy index higher
Shares in Union Pacific and Canadian Pacific tumble as quarterly net income drops
Activist investor says railroad industry is warming to consolidation
US railroad says offer values it about $28.3bn, less than 10 per cent premium to trading price
The first destination ski resort in the US has rediscovered its 1930s allure
A mismatch between depreciation and capex mean the railroads are not in value territory yet
Revenues drop 10 per cent as natural gas trumps coal
Surge in traffic exposes shortcomings in existing safety regulations
Investigators examine whether cab was struck by an object before leaving rails
Rail operator hit by labour disruption at ports on US West Coast
Barometer of economy and overall sentiment lags broader market
US corporate borrowers sell more than $6bn in notes and bonds
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