Union Pacific Corp. halted construction of a sprawling $550 million facility in Brazos, Texas, and closed two other train-sorting yards, as the railroad embraces a precision railroad strategy that calls for fewer, longer trains. The Brazos facility was the single-largest capital project in the 156-year-old railroad’s history and was meant to help with the expected growth in rail cargo moving through the region. The company had begun building the so-called hump yard—where long trains are broken down into individual cars, redirected...
Source: Wall Street Journal April 18, 2019 18:00 UTC