Canadian Pacific's E. Hunter Harrison has forged a new standard of profitability in a two-centuries-old industry over the course of his career.
In this second excerpt from their new book, Morningstar's Heather Brilliant and Elizabeth Collins detail how companies leverage cost advantage and switching costs to their benefit.
Morningstar's 2013 CEO of the Year discusses his successful turnaround strategies and playbook for running a high-velocity railroad.
Railroads bolstered our confidence in the persistence of excess returns via solid performance through the recent recession and coal weakness.
An economic moat provides a gauge of a company's competitive advantages and overall strength, and it is a highly valuable tool for investors of all levels.
We are concerned about a slow start to U.S. light-vehicle sales this year, but we expect improvement once the cold abates.
These three outstanding leaders have demonstrated sound stewardship practices for their firms' shareholders.
There is a small number of high-quality industrials-sector ETFs from which to choose.