Railroads
(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...
(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...
(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...
(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...
(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...
(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...
(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...
(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...
(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...
(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...
(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....
(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...
(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...
(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...
(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...
(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...
(CNI) Canadian National Railway Company to Sell Assets
Canadian National Railway Company (CNI) will sell assets of its indirect subsidiary IC RailMarine Terminal Company to Raven Energy, LLC, which is affiliated to Foresight Energy, LCC, a leading private company...
(CNI) Canadian National Railway Company Building New Logistics Park
The largest Canadian railroad, Canadian National Railway Company (CNI) announced that it will begin construction of the first Calgary Logistics Park. The new park is meant to facilitate intermodal transportation...
(UNP) U.S. Railroads Facing Lawsuit
Yesterday, in a major development, which may have a far reaching consequence, the Oxbow Carbon & Minerals LLC sued two major U.S. freight railroads, Union Pacific Corp. (UNP) and Burlington Northern Santa...
(UNP) Union Pacific Analyst Maintains Neutral on Shares
We reaffirm our long-term Neutral recommendation on Union Pacific Corp. (UNP). The company reported mixed financial results in the first quarter of 2011. Revenue easily beats the Zacks Consensus Estimate,...
(UNP) Union Pacific Analyst Maintains Neutral on Shares
We reaffirm our long-term Neutral recommendation on Union Pacific Corp. (UNP). The company reported mixed financial results in the first quarter of 2011. Revenue easily beats the Zacks Consensus Estimate,...
(UNP) U.S. Railroad Industry Outlook – May 2011 – Industry Outlook
Early indications are painting a rosy picture for the U.S. Freight Railroads in 2011. In the first quarter of 2011, the U.S. rail carload volume was up nearly 5.3% compared with the prior-year quarter.
A recent report of the Association of American Railroads (AAR),...
(CSX) America’s High Speed Rail: Another Mega-Project Misstep in the Making
by David Fessler, Investment U Research
Wednesday, April 27, 2011
Winston...
(UNP) Union Pacific Reports Mixed 2011 First Quarter Earnings
The U.S. railroad giant Union Pacific Corp. (UNP) reported mixed results for the first quarter of 2011. Quarterly net income was $639 million or $1.29 per share compared with a net income of $516 million...
(CSX) CSX Corporation 2011 First Quarter Earnings Preview
CSX Corporation (CSX), one of the leading rail transportation companies, is slated to release its first quarter 2011 results on Tuesday, April 19, after the closing bell. The current Zacks Consensus Estimate...
(UNP) Union Pacific 2011 First Quarter Earnings Preview
Union Pacific Corporation(UNP) is slated to release its first quarter 2011 results on Monday, April 20, before the opening bell. The current Zacks Consensus Estimate for the fourth quarter is pegged at $1.31,...
(UNP) Strong 2011 First Quarter for U.S. Railroads
A recent report of the Association of American Railroads (AAR), the main trade body of the U.S. Freight Railway industry, reported that the first quarter 2011 rail carload volume, excluding grain and coal, is up nearly 7.9% to 4.6 million rail cars compared with the prior-year...
(CSX) CSX Analyst Maintains Neutral Rating on Shares
We are currently maintaining our long-term Neutral rating on CSX Corporation (CSX), supported by a Zacks #3 Rank (Hold) based on solid growth across all segments, strong cost-control measures and improvements...
(UNP) U.S. Trade Deficit Down Slightly
The Trade Deficit fell in February to $45.76 billion from $46.99 billion in January (revised up from $46.34 billion). The fall in the trade deficit is good news for the economy, but the level is still very dangerous.
For the month is was down 2.6%, and it was in line...
(CP) Canadian Pacific Railway Analyst Maintains Neutral on Shares
We are currently maintaining our long-term Neutral rating on Canadian Pacific Railway Limited (CP), the largest rail network in Canada, supported by a Zacks #3 Rank (Hold).
Canadian Pacific, together...