Wabtec Corporation and Union Pacific Railroad have inked a historic $1.2 billion agreement to upgrade 1,700 locomotives, marking the largest modernization program in North American rail history and spotlighting the industry's push for efficiency and digital transformation.
Union Pacific is preparing a revised application for its proposed $85 billion merger with Norfolk Southern after regulators rejected the initial filing over competition and information concerns. The deal, which would create the first coast-to-coast freight railroad in the U.S., faces intense scrutiny over its potential impact on shipping costs, labor, and market competition.
At the annual J.P. Morgan Healthcare Conference, industry leaders grappled with a transformative agenda: navigating a looming patent cliff, geopolitical shifts, and a recalibrated M&A landscape, all while betting big on AI and obesity therapeutics.
An analysis of third-quarter earnings reveals a mixed picture for the safety and security services industry. While the sector showed overall revenue resilience, performance varied sharply among key players, with legacy giant Brink's posting the slowest growth.
In a bid to break the deadlock on a pivotal crypto bill, major industry players are reportedly offering new concessions to traditional banks, aiming to address fears over disintermediation and share the stablecoin pie. Despite a recent closed-door Senate meeting described as 'productive,' a final agreement remains elusive.
January saw a wave of layoff announcements across the packaging sector, with plastics specialists and diversified giants like International Paper and Dow outlining significant workforce and facility reductions in the coming months, signaling a broader industry realignment.
Despite a surge in new technical standards designed to enable AI agents to buy and sell ads, industry leaders at the IAB ALM conference warn that fragmentation and competing priorities are slowing real-world implementation, risking stalled progress.
Industry leaders are urging Australian governments to harmonize fragmented packaging regulations, arguing that a unified national approach is essential to boost recycling, support local reprocessing, and meet sustainability targets.
As engine maker Cummins prepares to report fourth-quarter results, investors are watching for signs of resilience in the face of slowing demand and shifting industry dynamics.
The Malaysian electrical components firm UMS-Neiken Group Berhad (KLSE:UMSNGB) is showing signs of strain, with its Return on Capital Employed (ROCE) falling to 3.0%—significantly below the industry benchmark. A five-year trend of declining returns on stagnant capital raises questions about its growth trajectory and operational efficiency.
Carrier Global's Abound platform has rolled out a generative AI feature designed to provide facility managers with deeper operational insights and guided maintenance for over 150,000 connected assets. The move comes as the HVAC industry grapples with a worsening technician shortage, positioning the tool as a critical aid for knowledge retention and faster troubleshooting.
The parent company of popular West Coast chain Cream files for bankruptcy, highlighting the economic pressures squeezing dessert shops despite modest industry growth.
FedEx expands its blended sustainable aviation fuel (SAF) program to Dallas-Fort Worth and JFK airports, part of a coast-to-coast push. The move comes as the logistics industry grapples with supply constraints and policy uncertainties that threaten broader adoption of lower-carbon alternatives.
Shares of Master Drilling Group (JSE:MDI) have climbed 17% in three months. A deeper look reveals a robust Return on Equity that outpaces the industry, fueling earnings growth even as the broader sector contracts. But how much of the rally is sustainable?
A fresh release of court documents related to Jeffrey Epstein has cast a shadow over cryptocurrency's early days, revealing previously undisclosed financial connections to key figures and companies. As the market grapples with volatility, the disclosures prompt a renewed examination of the industry's complex origins.
Singapore Airlines (SGX:C6L) is demonstrating a disciplined approach to capital allocation, with a notable uptick in its return on capital employed (ROCE). While its current 6.3% return lags behind the broader airline industry average, the trend signals a potential turning point for the carrier as it seeks to solidify its post-pandemic recovery and build sustainable long-term value for shareholders.
The Malaysian commercial services firm JAG Berhad (KLSE:JAG) faces questions over its capital allocation strategy, with its Return on Capital Employed (ROCE) falling to 0.4%—significantly below the industry average. While the company has increased capital investment, the corresponding returns have not materialized, raising concerns among analysts about its long-term growth trajectory.
A new economic impact study reveals Kentucky's $10.6 billion bourbon industry continues to generate record tax revenue and jobs, yet confronts a sobering mix of production slowdowns, shifting consumer habits, and volatile export markets.
CoinGape has unveiled the winners of its 2025 Crypto Impact Awards, recognizing standout projects, exchanges, and individuals for their tangible contributions to the Web3 ecosystem over a pivotal year. The ceremony highlighted a growing industry focus on execution, regulatory compliance, and measurable user adoption.
As the U.S. wine industry grapples with a multi-year slump, iconic tasting rooms are shuttering. The latest casualty is Hall of Fame NFL coach Dick Vermeil's Napa venue, a move reflecting broader shifts in consumer habits and market pressures.
