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Search results for "Southern Pacific Railroad" ...
The American Press sheds light on how railroads in Southwest Louisiana have become a threat to public safety, and have raised concerns about devaluation of local residents' properties. Union Pacific has planned on building a storage-in-transit station in spite of the objections of the homeowners in the vicinity. "Public officials on the state and local level ... have battled for years to toughen regulations governing the rail industry," the Press reports.
Fortune looks at the merger between Union Pacific and Southern Pacific railroads. Economists estimate that snafus resulting from the complicated merger have cost U.S. companies $2 billion. Conflicting size and organizational techniques have caused major congestion at several major switching yards, and freight is being delayed and lost regularly.