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Railroads: Investment Prospects for the Modern Era

"The close relationship between railroad expansion and the general development and prosperity of the country is nowhere brought more distinctly into relief than in connection with the construction of the Pacific railroads." ~ John Moody

Union Pacific Railroad ($UNP) rose sharply recently after it announced a new CEO –  Jim Vena, who formerly served as UNP’s chief operating officer. The market apparently welcomed Vena’s ascendancy due to his reputation for improving efficiency, which will c...

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