By RALPH VARTABEDIAN AUG 06, 2018 | 3:00 AM Tutor Perini cranes and other heavy construction equipment is shown in this 2016 file photo. (Ralph Vartabedian / Los Angeles Times) The most ambitious rail project of California’s future is increasingly dependent on the cooperation of the very railroad that shaped the state’s past — and […]
Freight railroad is vital for domestic freight as it accounts for around 40% of the U.S. transport sector. A strong U.S. economy supports the bullishness of freight railroad operators, as it implies that more goods are being transported across the country. The robust financial health of railroads bears testimony to the fact that the scenario […]
Intermodal segment and Class I railroads US Class I railroads’ (XLI) intermodal segments compete directly with trucking (WERN) companies. In the last two years, shippers have been shying away from the rail intermodal for their shipping needs. However, with an upward turn in crude oil prices on the back of increased international trade, things are beginning […]