Railroads

(NSC) Norfolk Southern Opens New Terminal

Norfolk Southern Corp. (NSC) unveiled its Thoroughbred Bulk Transfer terminal in Knoxville. The $5.9 million facility is adjoining to Interstate-275 and within two miles of Interstate 40 and Interstate-75 at Tennessee Avenue.

Located...

10Oct2013 | | Comments Off on (NSC) Norfolk Southern Opens New Terminal | Continued

(UNP) Railroad Industry Stock Outlook – May 2013 – Zacks Analyst Interviews

Consistent with the current macroeconomic trends, railroads started the year on a mixed note. Going by the rail traffic report for the first quarter 2013, growth in automotive and petroleum products’ shipments was steady while coal and grain shipments continued to cast a shadow over the rail freight...

15May2013 | | Comments Off on (UNP) Railroad Industry Stock Outlook – May 2013 – Zacks Analyst Interviews | Continued

(RA) Roche Reports First Quarter Sales

Roche Holdings Ltd. (RHHBY) recently reported results for the first quarter of 2013.  Revenues grew 6% year over year to CHF 11.6 billion driven by solid demand for its cancer drugs and increased sales of diagnostic tests to clinical...

18Apr2013 | | Comments Off on (RA) Roche Reports First Quarter Sales | Continued

(CNI) Canadian National Railway and Coalspur Mines Sign Agreement

One of the leading Canadian railroads, Canadian National Railway Company (CNI) has entered into a multi-year agreement with Coalspur Mines Limited. The agreement involves a 7-year contract for transporting thermal coal from Coalspur’s...

30Mar2013 | | Comments Off on (CNI) Canadian National Railway and Coalspur Mines Sign Agreement | Continued

(KSU) Kansas City Southern Stays Neutral

On Mar 15, 2013, we maintained our Neutral recommendation on Kansas City Southern (KSU), owing to ample cross-border growth opportunities, favorable pricing trends, high demand for product supplies and cost-saving actions, which were...

24Mar2013 | | Comments Off on (KSU) Kansas City Southern Stays Neutral | Continued

(UNP) Union Pacific Retains Neutral Tag

On Feb 15, we maintained our Neutral recommendation on Union Pacific Corporation (UNP), reflecting its diversified business base, favorable pricing gains and high customer satisfaction level. However, the sluggish economic growth,...

2Mar2013 | | Comments Off on (UNP) Union Pacific Retains Neutral Tag | Continued

(CSX) CSX Corporation Slips to Underperform

On Feb 1, we downgraded our recommendation on CSX Corporation (CSX) to Underperform from Neutral, owing to lackluster fourth quarter results, dismal outlook for the coal and agricultural sectors plus strict regulatory issues.

Why...

11Feb2013 | | Comments Off on (CSX) CSX Corporation Slips to Underperform | Continued

(UNP) Railroad Stock Outlook – January 2013 – Zacks Analyst Interviews

Railroads continue to benefit from the ongoing highway conversion due to their cost effectiveness over truckloads. Currently, rail intermodal services are considered as one of the most fuel-efficient modes of freight transportation, and therefore remain the backbone of the railroad freight business.

Year...

13Jan2013 | | Comments Off on (UNP) Railroad Stock Outlook – January 2013 – Zacks Analyst Interviews | Continued

(CNI) Canadian National Railway Company in Labor Deal

Canadian National Railway Company (CNI) entered into a labor contract with the International Brotherhood of Electrical Workers (IBEW) System Council 11. Per the tentative agreement, the council will renew the contracts of about 700...

2Jan2013 | | Comments Off on (CNI) Canadian National Railway Company in Labor Deal | Continued

(KSU) Kansas City Southern Maintains Pricing Power

Kansas City Southern (KSU) is one of the foremost freight rail transportation companies. It functions in a seller’s market and has enjoyed pricing power since 1980 when the U.S. government formulated the Staggers...

1Jan2013 | | Comments Off on (KSU) Kansas City Southern Maintains Pricing Power | Continued

(UNP) Union Pacific on a Neutral Lane

We maintain a long-term Neutral recommendation on Union Pacific Corporation (UNP), one of the leading freight railroads in the U.S. The company continues to remain on its growth trajectory benefiting from its diversified business...

18Dec2012 | | Comments Off on (UNP) Union Pacific on a Neutral Lane | Continued

(NSC) Norfolk Southern to Haul More Sand

One of the leading North American railroads – Norfolk Southern Corp. (NSC) is expected to bolster its sand shipments upon the construction of a transloading facility at HOST terminal in Horseheads, New York. The new construction...

9Oct2012 | | Comments Off on (NSC) Norfolk Southern to Haul More Sand | Continued

(UNP) Railroad Stock Outlook – September 2012 – Industry Outlook

Following stellar first quarter results, railroads continued on a growth trajectory and delivered fairly good second quarter results in an otherwise subdued economy. During this period, the industry leveraged its operating capabilities, improving service metrics and improving cost management to counterbalance...

15Sep2012 | | Comments Off on (UNP) Railroad Stock Outlook – September 2012 – Industry Outlook | Continued

(UNP) Union Pacific Beats Bottom Line

Union Pacific Corporation (UNP) reported second quarter 2012 adjusted earnings of $2.10 per share, surpassing the Zacks Consensus Estimate of $1.96 as well as the year-ago earnings of $1.59. Better-than-expected earnings came on the...

23Jul2012 | | Comments Off on (UNP) Union Pacific Beats Bottom Line | Continued

(KSU) Kansas City Southern Beats on Revenues

Kansas City Southern (KSU) reported first quarter 2012 adjusted earnings per share of 75 cents, surpassing the Zacks Consensus Estimate of 72 cents. The earnings figure jumped 29.3% year over year from 58 cents driven...

7May2012 | | Comments Off on (KSU) Kansas City Southern Beats on Revenues | Continued

(CNI) Canadian National Railway Buys Locomotives

After announcing plans for initiating new intermodal services connecting British Columbia and Alberta, Canadian National Railway (CNI) is about to carry out another infrastructural development. The company is purchasing approximately...

23Mar2012 | | Comments Off on (CNI) Canadian National Railway Buys Locomotives | Continued

(UNP) Railroad Industry Stock Outlook – February 2012 – Industry Outlook

The U.S. Freight Railroads performed exceptionally well in 2011 despite difficult weather conditions and an extremely volatile U.S. economy. Solid commodities volumes, effective cost management, and improved rail efficiency helped U.S railroads to continue their strong performance.

The railroads...

5Feb2012 | | 0 comments | Continued

(UNP) Union Pacific Exits 2011 on a High

Before the opening bell, the U.S. railroad giant Union Pacific Corp. (UNP) reported its fourth quarter fiscal 2011 adjusted earnings of $1.99 per share, surpassing the Zacks Consensus Estimate of $1.81 as well as the year-ago earnings...

21Jan2012 | | 0 comments | Continued

(NSC) Norfolk Southern Corporation – Bull of the Day

We maintain our Outperform recommendation on Norfolk Southern Corp. (NSC). The company reported a stellar third quarter, with earnings per share surpassing the Zacks Consensus Estimate and year-ago results backed by strong pricing...

22Dec2011 | | 0 comments | Continued

(CP) Canadian Pacific Announces Rail Strategy

One of the leading Canadian Railroad, Canadian Pacific (CP) has recently announced it long-term strategy for train lengths and network expansion in 2012-2013.

In 2012, the company intends to upgrade and install new sidetracks...

8Dec2011 | | 0 comments | Continued

(UNP) Railroads Avert Labor Strike

An anticipated labor strike looming over the U.S. freight railroad industry has been finally forestalled after the intervention of U.S. Republican House leaders. The alarming possibility of a 90-day labor strike came to a halt when U.S. legislative authorities intervened to restrict any service disruption.

The...

7Dec2011 | | 0 comments | Continued

(UNP) Railroads Avert Labor Strike

An anticipated labor strike looming over the U.S. freight railroad industry has been finally forestalled after the intervention of U.S. Republican House leaders. The alarming possibility of a 90-day labor strike came to a halt when U.S. legislative authorities intervened to restrict any service disruption.

The...

5Dec2011 | | 0 comments | Continued

(CSX) CSX Launches Carbon Calculator

CSX Corporation (CSX) has introduced an improved Carbon Calculator to aid its customers in making supply chain decisions. The Calculator will compare carbon emissions by freight rail with long-haul trucks over similar routes and provide...

30Nov2011 | | 0 comments | Continued

(CSX) CSX Corporation Analyst Offers Continued Cautious Outlook

Despite disturbances to demand levels from the ongoing economic upheaval, CSX Corp. (CSX) continues to post strong year-over-year growth backed by a favorable pricing momentum.

We remain encouraged by the company’s segment...

30Nov2011 | | 0 comments | Continued

(UNP) Union Pacific Analyst Maintains Neutral on Shares

Union Pacific Corp. (UNP) reported excellent financial results for the third quarter of 2011 despite facing several challenges, such as extreme heat, floods, late harvest, and reduced shipment of containers. Both revenue and EPS was...

28Nov2011 | | 0 comments | Continued

(UNP) Union Pacific Raises Dividend

Union Pacific Corp. (UNP), the largest class 1 freight railroad operator in the U.S., has decided to increase its shareholders’ wealth. Yesterday, the Board of Directors of Union Pacific have authorized to raise its quarterly dividend...

28Nov2011 | | 0 comments | Continued

(UNP) Union Pacific Corporation Earnings Scorecard

Union Pacific Corporation (UNP) reported strong third quarter 2011 financial results with both revenue and earnings per share (EPS) exceeding the Zacks Consensus Estimate.

Third Quarter Highlights

Quarterly...

10Nov2011 | | 0 comments | Continued

(CSX) CSX Corporation Earnings Preview

CSX Corporation (CSX), one of the leading rail transportation companies, is slated to release its third quarter 2011 results on Tuesday, October 18, after the closing bell. The current Zacks Consensus Estimate for third quarter earnings...

18Oct2011 | | 0 comments | Continued

(UNP) U.S. Railroad Stock Outlook – September 2011 – Industry Outlook

The U.S. Freight Railroads have been able to keep up the momentum despite facing unusual weather conditions and an extremely volatile U.S. economy. Solid commodities volumes, healthy demand for coal and improved efficiencies are helping the railroads to continue their strong performance.

The...

21Sep2011 | | 0 comments | Continued

(UNP) Union Pacific Reports Excellent Second Quarter

U.S. railroad giant Union Pacific Corp. (UNP) reported second quarter net income at a record-high of $785 million or $1.59 per share, compared with $711 million or $1.40 in the year-ago quarter.

EPS also beat the Zacks Consensus...

7Aug2011 | | 0 comments | Continued