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Railroads are slashing workers, cheered on by Wall Street to stay profitable amid Trump’s trade war

Seattle Times Tuesday, 21 January 2020
President Donald Trump’s trade war has hit agricultural and manufacturing hard, lowering demand for companies that move freight. But railroad stocks soared in 2019 after rail executives embraced automation and cost cutting, doubling down on the idea that the future entails longer, faster trains and fewer workers.
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