The Wall Street Journal
Transportation
The shale-gas revolution has shaken up the utility industry. Now, cheap natural gas is flowing into transportation, driving a switch from diesel at trucking firms and their key suppliers.
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While investors are rightly wary of "earnings excluding bad stuff," it is often the right approach for economic data. Take durable-goods orders.
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There are fewer than 1,000 U.S. refueling stations that pump compressed natural gas and less than 100 for liquefied natural gas, compared with about 120,000 for gasoline and diesel. That is changing, but only slowly.
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Nearly 5,000 unionized workers at Canadian Pacific Railway walked off the job, disrupting freight service across Canada.
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Some 4,800 Canadian Pacific Railway engineers, conductors and rail-traffic controllers walked off the job after talks failed to reach a new labor deal.
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