The rail mega-merger that could transform American supply chains

Every industry has its nobility. The “PayPal mafia” are sovereign in Silicon Valley. Many Wall Street financiers trace their genealogy back to Julian Robertson or Michael Milken. The equivalent for railroaders is E. Hunter Harrison, who died in 2017. He ran three of the six big “Class I” railways at various times and pioneered “precision railroading”, a scheduling technique that is now the industry standard. His disciples are spread far and high.