More From Samuel Prince
Kansas City Southern’s Freight Volumes versus US Railroads in Week 52
Kansas City Southern (KSU) registered a 3.8% gain in carload traffic in the 52nd week of 2017, going against the trend among other US railroads.
Most Analysts Say ‘Hold’ for Canadian National after 2Q16
Canadian National (CNI) has a consensus rating of 3.2 with a “hold” recommendation. Of the 28 analysts covering the stock, 18% have given CNI a “buy” recommendation.
What Analysts Estimate for Major Truckload Carriers in 2018
A tax deduction for capital expenditures according to the new Tax Cuts and Jobs Act is a boon for the transportation industry.
What Happened to FedEx’s Fiscal 4Q17 Operating Margin?
FedEx’s (FDX) operating margin was 11.2% on an adjusted basis in fiscal 4Q17, representing a 0.4% fall on a YoY (year-over-year) basis.
Will CSX’s 4Q16 Operating Margin Exceed Analysts’ Estimates?
For CSX Corporation (CSX), Reuters-surveyed analysts estimate an operating margin of 30.5% for 4Q16, compared to an operating margin of 28.4% in 4Q15.
Which Less-than-Truckload Carrier Saw the Most 2Q17 Revenue Growth?
Here, we’ll discuss the revenue growth of the leading LTL (less-than-truckload) carriers.
Canadian Pacific Railway’s Dividend Yield, Buyback Programs
Based on the adjusted EPS of 7.87 Canadian dollars in the last four quarters, Canadian Pacific’s dividend payout was at 33% as of September 21.
Canadian National Railway: Does It Have a Strong Intermodal?
Canadian National Railway (CNI) is the only railway that connects the Pacific Coast, the Atlantic Coast, and the Gulf of Mexico.
Norfolk Southern’s Intermodal Slump Equitable with Rival CSX
Norfolk Southern’s (NSC) total intermodal traffic for the week ended April 30, 2016, declined by 7.6%, at nearly 73,000 containers and trailers. This compares with 79,000-plus units in the corresponding week of 2015.
Evaluating Leverage Levels of Major Railroads after Q1 2018
As of March 31, Genesee & Wyoming (GWR) had a net debt-to-forward-EBITDA multiple of 3.2x, which was much higher than the industry average of 2.1x.
Why Genesee & Wyoming’s North American Traffic Rose in April
Genesee & Wyoming’s North American railcar traffic expanded 4.9% YoY (year-over-year) on a same-railroad basis in April 2018.
Which Commodities Pulled Down CSX’s Carloads in the Week?
In the week ended October 1, 2016, CSX’s overall carloads reported a fall of 5.6% compared to the week ended October 3, 2015.
Why Union Pacific’s Intermodal Freight Revenues Could Disappoint in 2016
Union Pacific’s domestic intermodal includes North American operations. Intermodal freight generated 20% of the company’s revenues in 2014.
A Summary of Canadian Pacific Railway’s Week 34 Rail Traffic
In Week 34, Canadian Pacific Railway (CP) witnessed a 3.5% YoY (year-over-year) carload traffic gain.
BNSF’s Intermodal Volumes versus Industry Volumes
BNSF Railway’s (BRK-B) total intermodal traffic for the week ending September 10, 2016, fell 3.3% YoY (year-over-year) to ~99,000 containers and trailers.
BNSF’s Carloads Buck Industry Trend with 1.4% Rise
BNSF Railway (BRK-B) operates in the Western US in direct competition with Union Pacific (UNP).
A Summary of Kansas City Southern’s Rail Traffic in Week 39
Kansas City Southern (KSU), the smallest US class I railroad, reported a marginal loss of 0.7% YoY (year-over-year) in carload traffic in week 39.
Why Most Analysts Are Recommending a ‘Buy’ on Union Pacific
On Wall Street, 28 analysts rate Union Pacific (UNP) common stock. Out of the analysts, 21 of the analysts gave a “buy” recommendation.
UPS: What Drove Its Supply Chain Growth in Q2 2018?
UPS’s Supply Chain and Freight segment reported revenues of $3.5 billion, up 16.1% from $3.0 billion in the second quarter of 2017.
Why BNSF’s Consumer Products Revenue Slumped in 3Q16
BNSF’s Consumer Products business contributed nearly 35% of its total freight revenue in 3Q16, recording its highest share in total freight revenue.
How KSU’s Intermodal Traffic Compared to the Industry’s
Kansas City Southern (KSU) reported a fall of 4.8% in its overall intermodal traffic in the week ended October 1, 2016.
Which Commodities Boosted UNP’s Freight Traffic in Week 18
So far this year, Western US rail freight giant Union Pacific’s (UNP) YoY (year-over-year) freight volume growth has lagged behind rival BNSF Railway’s (BRK.B).
J.B. Hunt: Analysts Have a Divided View
J.B. Hunt has a consensus 12-month target price of $133.80 per share, which implies a return potential of 10.1% over the next 52 weeks.
Union Pacific’s Coal Volumes: Light at the End of the Tunnel?
In 2Q16, UNP’s coal volumes declined 21%. This was primarily due to a 23% reduction in shipments in the Powder River Basin (or PRB) and the Colorado and Utah regions in 2Q16.
How Is Norfolk Southern Valued against Its Peers?
NSC’s next-12-months PE (price-to-earnings) multiple is valued at 15.2x against the peer average of 14.8x. This indicates a premium of 3%.
Why J.B. Hunt’s Truckload Revenues Fell in 3Q17
J.B. Hunt’s Truckload segment’s contribution to overall revenues was 5% in 3Q17, down 1% from its contribution in 3Q16.
How FedEx Stock Has Trended So Far in 2018
On March 6, 2018, FedEx stock closed at $243.04. Its 52-week high was $274.60, and its 52-week low was $182.89.
What to Expect from Kansas City Southern’s 1Q16 Earnings
Kansas City Southern (KSU) will release its first quarter 2016 earnings before the US market opens on April 19, 2016.
Week 41: US Rail Freight Traffic Up, Canada and Mexico Slide
In the week ended October 14, US railroads’ overall freight volumes rose 3% compared with the same week in 2016. US railroads carried ~10.6 million carloads, up 3.7% for the first 41 weeks of 2017.
What Can We Expect from Norfolk Southern’s 3Q16 Earnings?
Virginia-based Norfolk Southern (NSC) is set to announce its 3Q16 earnings on October 26, 2016. In this series, we’ll analyze analysts’ estimates for the company’s revenues and margins.
How Is Canadian National’s Intermodal Holding Up?
In the week ended August 6, 2016, Canadian National’s overall intermodal fell by 5.1%. Container traffic fell by 3.8% over the corresponding week of 2015.
Comparing Norfolk Southern’s Freight Volumes to the Industry
For Week 8, which ended February 24, 2018, Norfolk Southern (NSC) had a 1.8% loss of carload traffic.
Will Rise in Crude Oil Benefit US Truckload Carriers in 2018?
The average US on-highway diesel prices in 3Q17 have risen 20% compared to the same quarter last year.
Union Pacific’s Carloads Slide Less than Rival BNSF Railway’s Railcars
Union Pacific’s combined coal and coke carloads fell by 26.2% in the latest reported week of 2016 on a year-over-year basis.
North American Rail and Intermodal Traffic Disappoint
Every Wednesday morning, the AAR releases the weekly rail traffic data for the previous week. The latest report is for the week ended June 18, 2016.
Can Union Pacific’s Free Cash Flows Support Its Higher Dividend?
Union Pacific had FCF of $3.02 billion in the first nine months of 2017, compared with $2.86 billion in the corresponding period of 2016.
Canadian National’s Intermodal Volumes: A Ray of Hope
In the week ended February 11, 2017, Canadian National Railway’s (CNI) overall intermodal volumes rose 2.6%.
Could Norfolk Southern Increase Its Dividend in 2018?
On a long-term basis, NSC aims for a dividend payout ratio of 33.3%.
How Did Canadian National Measure up to Canadian Pacific in Carloads?
Canadian National recorded a 1.4% fall in total railcars in the week ended August 6, 2016, hauling ~57,000 railcars, compared to ~57,000 units one year ago.
General Electric’s 1Q18 Earnings Beat Estimates
General Electric (GE) released its 1Q18 earnings on April 20. GE’s adjusted earnings per share were $0.16, up 14.0% year-over-year.
Why Did CNI’s Petroleum and Chemicals Revenues Slump in 1Q16?
The carloads in CNI’s Petroleum and Chemicals segment fell by 7% in 1Q16 compared with 1Q15. This was mainly due to lower volumes of crude oil as a result of higher pipeline capacity.
Where Do Old Dominion’s Capital Investments Stand among Peers?
Companies like Old Dominion have to make big investments in handling facilities, technology, and specialized vehicles to support business and logistics.
Trinity Industries Declared Q3 Dividend of $0.13 per Share
Trinity Industries declared a dividend of $0.13 per share on its common stock for the third quarter.
Kansas City Southern: Carloads Drove Volumes in Week 28
Kansas City Southern (KSU), the smallest US Class I railroad, had a 5% YoY growth in carload volumes in Week 28.
CSX Trails Norfolk Southern in Total Railcar Units
In the week ending March 26, 2016, CSX’s (CSX) railcar units, excluding coal and coke, fell by 8.0%.
UPS’s 4Q16 Domestic Revenues Rode on Ground Growth
In 4Q16, UPS’s Ground Service revenues saw remarkable growth, rising 7.1% on a year-over-year basis—the highest among all three subsegments.
Why Norfolk Southern’s 3Q17 Operating Margins Took the High Track
In 3Q17, Norfolk Southern’s (NSC) operating margin expanded 160 basis points to 34.1%, up from 32.5% in 3Q16.
Why Most Analysts Have a ‘Hold’ Opinion on United Parcel Service
Of the 27 analysts covering UPS, four analysts (14.8%) recommended a “strong buy” for UPS stock.
Turnover in Norfolk Southern’s Top Management in 2015
In 2015, Norfolk Southern Corporation (NSC) witnessed numerous changes in its executive management ranks due to either retirement or promotion.
Why Genesee & Wyoming’s Australian Carloads Fell in September
Genesee & Wyoming’s Australian carloads fell 4.8% in September 2016. In the comparable period in 2015, GWR hauled ~15,000 railcars.
Canadian National Railway: The Class I Freight Story
So far in 2017, Canadian National Railway (CNI) has emerged as the front-runner in terms of YoY (year-over-year) carload growth among its Class I peers.
Why Should Investors Anticipate CSX’s 2Q16 Earnings Preview?
Railroad stocks provide a good insight into the overall health of the economy. CSX Corporation will release its 2Q16 earnings on July 13.
Why Did Genesee & Wyoming Fare So Poorly in Its Peer Group?
On March 8, 2016, Genesee & Wyoming’s (GWR) market capitalization was ~$3.5 billion. The railroad industry had a bad 2015, and GWR was not immune.
What Was Canadian Pacific’s Original Indication of Interest?
Canadian Pacific (CP) proposed a 50% cash and 50% stock transaction based on CP’s and Norfolk Southern’s (NSC) stock closing prices on November 13, 2015.
The Story behind Union Pacific’s Intermodal Volumes
Union Pacific hauled ~70,000 containers and trailers in the sixth week, which represents a YoY fall of 2.4%.
XPO’s Better-than-Expected 3Q16 Earnings Impress Markets
XPO Logistics (XPO) released its 3Q16 earnings on November 2, 2016, after markets closed.
Canadian National Railway’s Volumes Pushed by Intermodal
Canadian National Railway (CNI), reported a 5.7% gain in carload traffic in the week ended March 10, 2018, or Week 10.
J.B. Hunt on the Street: Analyst Recommendations after the 3Q17 Results
J.B. Hunt (JBHT) has a consensus rating of 2.19, indicating a “buy.” Of the 21 analysts covering the stock, six (28.6%) recommend a “strong buy.”
How Analysts Feel about United Parcel Service Post-2Q16
In this article, we’ll discuss what analysts are expecting for United Parcel Service (UPS) following its 2Q16 results.
General Electric in 3Q16: How Has the Stock Performed So Far?
Industrial conglomerate General Electric (GE) will release its 3Q16 earnings on October 21, 2016. It is currently in a transformation phase, focusing on its core industrial business.
Why Canadian Pacific Railway’s Freight Growth Slowed
Canadian Pacific Railway reported a railcar volume loss of 1% YoY in the 28th week of 2017 (ended July 15). The company moved ~30,000 railcars that week.
What’s General Electric’s Next Move?
There is significant pressure on General Electric’s (GE) management to come up with solutions quickly.
Canadian Pacific Railway’s Returns in 2017
Investors should note that after the recent 3Q17 earnings, Canadian Pacific Railway (CP) was the only railroad to revise its outlook upward.
Comparing CSX’s Intermodal Volumes with US Railroads
In the week ended December 31, 2016, CSX’s (CSX) total intermodal traffic rose 4.7%.
Canadian National Railway’s Volumes Rose despite Coal’s Fall
Since January 1, 2017, Canadian National Railway’s (CNI) volumes have risen the most YoY (year-over-year) among Class I railroad companies.
How Did Kansas City Southern’s Intermodal Traffic Compare with Industry Peers?
Kansas City Southern reported a YoY rise of 2.2% in overall intermodal traffic in the week ended October 22, 2016. Container traffic rose 2.6% that week.
Carload Traffic Boosts Union Pacific’s Freight Volumes in Week 49
Union Pacific’s freight volumes In Week 49 of 2017, Omaha-based Union Pacific (UNP) reported a 5% rise in carloads, whereas rival BNSF Railway (BRK-B) reported a 7% rise. UNP’s railcar volumes rose to ~97,000 carloads from ~92,500 in the same week last year. In 2017 so far, Union Pacific’s carload traffic gains have been lower than those reported by […]
Did Coal Boost CSX’s Carloads in the Second Week of 2017?
CSX’s carloads In the week ended January 14, 2017, CSX’s (CSX) overall railcar volumes rose 3.1% YoY (year-over-year). In the second week of 2017, CSX hauled over 68,000 railcars, compared with over 66,000 railcars in the comparable week last year. The company’s carloads, excluding coal and coke, rose 0.8%—a smaller rise than Norfolk Southern’s (NSC). […]
Canadian National Railway: Inside the Fall in Its Grain Revenues in 3Q17
In 3Q17, revenues from CNI’s Grain and Fertilizers segment fell 1.0% to $492.0 million Canadian, compared to $497.0 million Canadian in 3Q16.
Why CSX’s Coal Revenues Rose in Q2 2018
In the second quarter, CSX’s coal revenues grew 7.0% year-over-year to $569.0 million from $530.0 million in the second quarter of 2017.
These Commodities Pulled Down Norfolk Southern’s Shipments in Week 6
n the sixth week of 2018 (ended February 10), Norfolk Southern (NSC), a major Eastern US railroad, saw a 2.4% fall in its carload traffic.
A Look at BNSF Railway’s Intermodal Volumes
BNSF Railway’s intermodal volumes In the third week of 2017, BNSF Railway’s (BRK-B) container traffic rose 5% on a YoY (year-over-year) basis, to ~99,000 containers from ~94,000 containers in the same week of 2016. Trailer volumes rose 5.8% to ~11,000 trailers. BNSF’s percentage rise in intermodal traffic was in tune with the increase reported by US […]
How Boeing Stock Has Delivered ahead of Its 4Q17 Earnings
Boeing (BA), the world’s largest aerospace company, will announce its 4Q17 financial results on January 31, 2018.
US Freight Rail Volumes Were Mixed Bag, Canadian Railroads Surged
During the week ended December 10, 2016, US freight rail traffic fell 1.1% to 539,00 units, from 545,000 units in the week ended December 12, 2015.
How Did BNSF’s Intermodal Volumes Fare Next to UNP?
BNSF Railway’s (BRK-B) total intermodal traffic for the week ending June 11, 2016, declined by 5.7% YoY (year-over-year).
How Kansas City Southern’s Carloads Reversed the Trend
In the week ending May 21, 2016, Kansas City Southern’s total railcars rose by 1% YoY, moving 22,600 railcars, as compared to 22,400 one year previously.
Gauging Canadian Pacific Railway’s Traffic Growth in Week 20
In Week 20 (ended May 19), Calgary-headquartered Canadian Pacific Railway (CP) reported a high single-digit rise in carload traffic.
Intermodal Traffic Growth Pushed Union Pacific’s Volumes in Week 16
In Week 16, Western US rail freight giant Union Pacific (UNP) saw its carload traffic rise slightly, by 0.6% YoY (year-over-year) to 92,300 carloads excluding intermodal units from ~91,800 units.
Did Genesee & Wyoming Beat Its Own Revenue Guidance in 2Q17?
In the second quarter of 2017, Genesee & Wyoming’s 2Q17 revenues were $540.4 million, a 7.8% rise from $501.4 million in 2Q16.
How Kansas City Southern Beat Revenue Estimate in 4Q17
In the fourth quarter 2017, Kansas City Southern (KSU) reported revenue of $660.4 million, exceeding analysts’ revenue estimates by 0.6%.
Why Analysts Have a ‘Hold’ Rating for Canadian National Railway
There are 21 analysts covering CNI. Of those, only five, or 24.0%, have a “buy” rating for the stock.
How Did GWR’s North American Carloads Add Up in January 2016?
In January 2017, Genesee & Wyoming’s (GWR) North American traffic rose 9.1% YoY, hauling ~136,000 railcars that month.
What Led Canadian Pacific Railway’s Volume Growth in Week 43?
Canadian Pacific Railway (CP), reported railcar volume gains in the 43rd week of 2017 (ended October 28). CP’s volumes rose 4.4% to ~34,000 railcars.
Old Dominion Freight Line Beats Q2 2018 Estimates, Stock Plunges
Old Dominion Freight Line (ODFL) announced its second-quarter earnings today before the market opened. Here’s what you need to know.
Canadian National Railway: The Unstoppable Freight Growth Story
In the week ended April 1, 2017, Canadian National Railway saw its overall volumes rising 8.4% on a YoY basis.
Is Canadian Pacific’s Free Cash Flow Enough for Dividend Growth?
Now let’s examine the free cash flow levels of Canadian Pacfic and compare it to its arch-rival Canadian National Railway (CNI).
CSX’s 3Q17 Earnings Shine: Higher Freight Rates, Stock Up 2.6%
The eastern US rail freight carrier CSX (CSX) announced its 3Q17 earnings on October 17. The quarter marks the end of two full quarters under the leadership of Hunter Harrison.
Will US-China Trade Tussle Hit General Electric Stock in 2018?
General Electric (GE) stock lost 47.3% of its value, implying a market capitalization erosion of ~$130.0 billion in the past year.
Despite a Rise in Coal, CSX’s Volumes Fell in Week 16
In the week ended April 22, 2017, CSX Corporation’s (CSX) overall railcar volumes fell ~0.6% YoY (year-over-year).
Behind Norfolk Southern’s Freight Volumes in Week 26
NSC broke its upward volume journey and reported a slight fall of 2% in its overall freight rail traffic in the week ended July 1, 2017.
Why Kansas City Southern’s Intermodal Revenue Slid in 1Q17
In this article, we’ll discuss Kansas City Southern’s Intermodal segment’s performance in 1Q17.
US Rail Traffic Down, Canadian and Mexican Rail Traffic Show Mixed Bag
Last week, the US rail carloads (UNP) fell by 5.3% to more than 274,000 units from nearly 290,000 units in the week ended August 1, 2015.
Canadian National Railway: Growth Undeterred by Coal’s Fall in Week 23
In contrast to the industry’s trend, CNI’s coal carloads contracted 20% in week 23 of 2017.
US Freight Rail Traffic Was a Mixed Bag in Week 30
The Association of American Railroads (or AAR) publishes North American rail freight (UNP) data every week.
How Canadian Pacific Railway’s Volumes Compare
In the week ended March 17, 2018, or Week 11, Canadian Pacific Railway’s (CP) carload traffic rose 6.9%.
Why Analysts Recommend ‘Hold’ for CHRW
Of the 22 analysts covering C.H. Robinson Worldwide (CHRW), four (18%) have recommended “strong buy,” three (14%) have recommended “buy,” 12 (54%) have recommended “hold,” and three (14%) have recommended “sell.”
Why United Parcel Service’s International Revenues Rose in 2Q17
UPS’s International Package volumes in 2Q17 rose 5.6% to 2.9 million average daily packages from 2.7 million average daily packages in 2Q16.
How Do Analysts View CSX after Its 3Q16 Results?
CSX’s heavy investment in its intermodal business and network improvement will most likely show results in 1H17.
CSX’s Intermodal Has Lower Slump than Total US Intermodal Decline
In the week ended April 9, 2016, CSX Corporation’s (CSX) total intermodal traffic declined by less than 2%.
This Railroad Led in First-Quarter Intermodal Revenue Growth
Norfolk Southern (NSC), an Eastern US railroad, reported the highest intermodal revenue growth of 19% YoY among its peers in the first quarter.