FedEx on the Street: Analyst Views after the Fiscal 1Q18 Results
Though FedEx (FDX) has the presence across the globe, rival United Parcel Service (UPS) is more dominant in the international arena.
Kansas City Southern’s (KSU) US subsidiary caters to ten US states in the Midwest and Southeast. It also runs a rail route between Kansas City, Missouri, and multiple ports along…
On September 15, 2017, Union Pacific (UNP) disclosed that it is redesigning its marketing and sales approach. The purpose was to better align with customers’ needs. The company said that…
A closer look at analysts’ opinions on the rail sector reveals a slight shift towards “hold” recommendations from “buy” for major US railroad (IYJ) stock. Their 12-month target prices fell…
In 2017, US railroads’ top lines have seen upward momentum for two consecutive quarters, led by higher volumes and pricing gains for some of the commodities they haul. This gain boosted…
Omaha-headquartered Union Pacific (UNP) operates in 23 states across the western United States. The company’s southern region is based in Houston, also a prominent freight rail hub for the railroad…
There have been varied estimates of the damages caused by Harvey, from $65.0 billion to as high as $190.0 billion. In this series, we’ll look at how Hurricanes Harvey and Irma affected Class I railroads.
Genesee & Wyoming saw its coal (ARLP) and coke railcars fall 63% in August 2017.
In August 2017, GWR posted a marginal fall of 1.6% in its North American shipments year-over-year.
In the week ended September 9, 2017, Canadian Pacific Railway saw its intermodal volumes rise 2.2%.
In week 36 of 2017, Canadian National Railway’s intermodal traffic rose 15.7%.
Among the Class I railroads (UNP), KSU was severely impacted because its link between US track and KSC Mexico runs along the Texas Gulf Coast.
Berkshire Hathaway–owned BNSF Railway’s (BRK-B) railcar traffic fell 1.4% in the week ended September 9, 2017.
Union Pacific (UNP) reported lower freight volumes due to the impact of Hurricane Harvey.
In the week ended September 9, 2017, CSX registered a 4.2% fall in railcar volumes.
Norfolk Southern (NSC) recorded a 6.8% rise in freight railcars in the week ended September 9, 2017.
The Association of American Railroads published the freight data for the week ended September 9.
Total shipments rose to ~486,500 railcars from 483,000 railcars in the same week in 2016.
Union Pacific (UNP) has a consensus analyst rating of 2.3, indicating a “buy.”
Norfolk Southern (NSC) has paid cash dividends on its equity stock for 140 consecutive quarters since inception in 1982.
The net-debt-to-forward EBITDA ratio indicates the debt servicing capacity of a company through EBITDA.