(Reuters) - 1/STERLING BULLS UNLEASHED Sterling bulls could be forgiven if they thought Christmas had arrived early. Deadlocked for months over Brexit, British Prime Minister Boris Johnson and his...
(Bloomberg) -- This year’s railroad slump is getting worse as a slowdown in manufacturing threatens broader weakness in the U.S. economy. There’s no bottom in sight as the decline in carloads for...
By Jonathan Stempel (Reuters) - Hyundai Motor Co (KS:005380) and its Kia affiliate have sued the four largest U.S. railroads, accusing them of violating U.S. antitrust law by conspiring to drive up...
Union Pacific CFO Rob Knight plans to retire on December. 31. The company names current Senior VP Jennifer Hamann to succeed Knight. Hamann will lead all a
The Dow Jones Transportation Average slumped 0.5% in afternoon trading, to buck the strength in the broader stock-market indexes, led by weakness in trucking and rail operators. Of the Dow tranports'...
U.S. rail volumes fell 5 percent in August amid weaker demand for rail services in the domestic manufacturing sector. U.S. freight railroads originated 2.15 million carloads and intermodal units in...
Union Pacific Corp. said Wednesday that it remained confident that, despite weaker-than-anticipated volumes, it can hold prices at levels that “well exceed” rail inflation costs. Really?
Union Pacific Corp. cut its outlook for second-half volumes, after the railroad operator said third-quarter volumes were softer than anticipated. The stock gained 0.4% in morning trading Wednesday,...
Union Pacific (UNP) CFO Robert Knight is presenting today at the Cowen & Company 12th Annual Global Transportation Conference. In a SEC filing issued befor
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