Word: railroads
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When Union Pacific Railroad executive vice president John Koraleski faces his customers these days, he prefers to stay on his feet rather than sit in one place, he says, "because it's harder to hit a moving target." It has been that kind of year for UP, the nation's No. 1 freight carrier, which moves millions of tons of coal, lumber, automobiles, corn--you name it--each...
...most storied of American railroads, Union Pacific Railroad was launched in Nebraska during the Civil War with a handful of tracklayers, helped open up the frontier West and has since grown into a $12 billion-a-year colossus with 48,000 employees and 33,000 miles of track crisscrossing 23 Western states. Today UP handles some 30% of the nation's rail freight traffic. But during the past year, the legendary railroad has been groaning under the weight of embarrassing logistical breakdowns...
...When trains run slowly, sit in terminals and don't get where they should be on time, productivity is lower," says railroad analyst Donald Broughton of AG Edwards, "but labor costs, maintenance and equipment expenses rise, and that cuts into profits...
George Gustav Heye was a whimsically self-indulgent New York City banker who plowed his millions into a massive collection of American Indian objects. He discovered his life's mission as a 23-year-old engineering graduate of Columbia University, working as a railroad-construction superintendent in Kingman, Ariz. It was 1897, a moment--after American soldiers had killed Sitting Bull, massacred hundreds at Wounded Knee and captured Geronimo--when the white conflict with Native Americans was at last almost entirely decided in the settlers' favor. Indians were beginning their final transition in the white imagination from serious competitors...
...land. They look at the livestock numbers." The land conflict is but the latest chapter in the troubled history of the Masai. The 1904 treaty was theoretically meant to protect them. By the late 1800s, the tribe had been devastated by civil war and smallpox. With a new railroad making it easier to access remote lands, the British government created reservations that would be off-limits to white settlement. The treaty set aside as Masai lands 23,000 sq km in two regions: the Laikipia plateau and an area south of Nairobi. This left the fertile Rift Valley and what...