Financial Times FT.com

Rail: Operators choose parallel paths to the same destination

By Robert Wright

Published: March 25 2008 10:20 | Last updated: March 25 2008 10:20

Standing on a bridge at the Union Pacific railway’s Bailey Yard in North Platte, Nebraska, it is hard to recall that, until five years ago, North America’s rail industry was thought to be in long-term decline.

On a typical Friday at the yard – the world’s largest, at eight miles long by two miles wide – six trains are moving through the facility, which checks more than 15,000 passing railcars and about 600 locomotives every day. The trains range from traditional boxcars carrying general cargo, to trains carrying shipping containers stacked two-high and mile-and-a-half-long coal trains.

You have viewed your allowance of free articles. If you wish to view more, click the button below.

Read this

"Front page" sub navigation

"World" sub navigation

"Asia-Pacific" sub navigation

"Europe" sub navigation

"Latin America & Caribbean" sub navigation

"Middle East & North Africa" sub navigation

"UK" sub navigation

"US & Canada" sub navigation

"Companies" sub navigation

"Energy" sub navigation

"Financials" sub navigation

"Health" sub navigation

"Industrials" sub navigation

"Retail & Consumer" sub navigation

"Technology" sub navigation

"Transport" sub navigation

"By region" sub navigation

"Columnists" sub navigation

"Markets" sub navigation

"FTfm" sub navigation

"Markets Data" sub navigation

"FT Trading Room" sub navigation

"Equities" sub navigation

"Columnists" sub navigation

"Lex" sub navigation

"Comment" sub navigation

"Interactive" sub navigation

"Management" sub navigation

"Columnists" sub navigation

"Business Education" sub navigation

"MBA" sub navigation

"Masters in Management" sub navigation

"Executive MBA" sub navigation

"Executive Education" sub navigation

"Personal Finance" sub navigation

"Investments" sub navigation

"Money Matters" sub navigation

"Tools & Calculators" sub navigation

"Compare & Apply" sub navigation

"Life & Arts" sub navigation

"Arts" sub navigation

"Pursuits" sub navigation

"Travel" sub navigation

"Columnists" sub navigation

"In depth" sub navigation

"Special Reports" sub navigation

"Jobs & classified" sub navigation

"Jobs" sub navigation

"Services & tools" sub navigation

"News by email" sub navigation

FT Alphaville

Mergermarket

Debtwire

Market-moving economics

FT.com RSS Feeds

FT Lexicon