Canadian National Railway Co
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What Could Hurt Union Pacific and Its Peers in Q2?
Analysts expect lower revenue growth to hurt Union Pacific’s bottom-line results. They expect the company to report revenues of $5.63 billion.
Weak Intermodal Hurt Canadian National’s Rail Traffic
Weak intermodal volumes hurt Canadian National Railway’s overall rail traffic in Week 24. The company’s intermodal volume fell 1.2% YoY to 50,878 units from 51,486 units in Week 24 of 2018.
Strong Carload Volume Boosts Canadian National’s Rail Traffic
In Week 23, Canadian National Railway’s (CNI) total traffic volumes improved 1.2% year-over-year to 117,789 railcars from 116,381 railcars. Five of the seven Class I railroad companies registered YoY declines in their freight rail traffic.
US Rail Traffic Volumes Fell for the 20th Straight Week
US railroad companies’ traffic volume fell for the 20th consecutive week in Week 23, which ended on June 8. Norfolk Southern (NSC) saw the biggest drop of 9.7%. Will US railroad companies’ traffic volume continue to fall?
Union Pacific Fell Over 2% on Rating Downgrade from Barclays
Union Pacific stock (UNP) fell 2.4% on June 13 after Barclays (BCS) lowered its recommendation on the stock from “overweight” to “equal weight.” Barclays analyst Brandon Oglenski believes that the earnings estimate for Union Pacific doesn’t reflect the slower demand environment.
Intermodal Weakness Hurts Canadian National’s Rail Traffic
In Week 21, Canadian National Railway’s (CNI) total traffic volumes inched down 0.5% YoY (year-over-year) to 112,176 railcars.
More Railroads Implemented PSR to Enhance Efficiency
Most railroad companies have implemented the PSR system to optimize their assets and maintain a strict service plan.
Canadian National’s Rail Traffic Grew on Higher Carload Volumes
Canadian National Railway (CNI) registered a 1.3% YoY (year-over-year) improvement in its overall rail traffic in Week 19.
What Drove Canadian National’s Rail Traffic Higher?
Canadian National Railway (CNI) recorded a 1.9% YoY (year-over-year) improvement in its overall rail traffic in Week 17.
What’s Ahead for Canadian Pacific Railway Stock?
Canadian Pacific Railway (CP) stock has risen ~23.4% YTD, outperforming the broader market as of April 23.
What to Expect from Canadian National Railway’s Q1 Earnings
Canadian National Railway (CNI) is scheduled to release its first-quarter results on April 29.
What Drove Canadian Pacific’s Rail Traffic Higher in Week 15?
Canadian Pacific Railway (CP) recorded a 0.7% YoY (year-over-year) improvement in its overall rail traffic in Week 15.
Weak Intermodal Volumes Drag US Railroad Companies’ Traffic Down
On April 17, the Association of American Railroads reported that overall volumes for US railroad companies had fallen 1.2% in Week 15.
Analyzing Norfolk Southern’s Rail Traffic Performance in Week 14
Norfolk Southern’s (NSC) rail freight traffic grew 3% YoY in Week 14 to 154,293 railcars from 149,798 railcars.
Where Union Pacific Stock Could Be Heading
Union Pacific stock (UNP) is up ~21% YTD as of April 11 and has outperformed the broader market.
Analyzing Canadian Pacific’s Rail Traffic Volumes in Week 13
Canadian Pacific Railway’s (CP) overall rail traffic fell 0.4% YoY to 54,879 railcars in Week 13 from 53,422.
Analyzing Canadian National’s Rail Traffic in Week 12
In Week 12, Canadian National Railway’s (CNI) total traffic volume fell 2.2% YoY (year-over-year) to 115,404 railcars from 117,990.
Union Pacific Reports a Double-Digit Decline in Carload Traffic
Union Pacific’s (UNP) rail traffic fell 9.4% YoY (year-over-year) to 150,914 railcars in Week 11.
Norfolk Southern’s Intermodal Volumes Improved in Week 11
Norfolk Southern’s (NSC) overall rail freight traffic inched up 0.3% YoY (year-over-year) in Week 11.
Weak Intermodal Performance Hurt CSX’s Rail Traffic in Week 9
CSX’s (CSX) total rail traffic remained flat YoY (year-over-year) at 123,552 railcars in Week 9.
Norfolk Southern: Investors’ Industry Favorite in 2019
Norfolk Southern (NSC) has been investors’ industry favorite since the beginning of 2019. The stock has risen 21.3% YTD.
Norfolk Southern: Weak Carload Performance in Week 7
Norfolk Southern’s (NSC) rail freight traffic fell 3.4% YoY (year-over-year) in week 7. The company hauled 147,531 railcars during week 7.
CSX: Rail Traffic Growth Continued for the Second Week
CSX’s total rail traffic volumes rose 1% YoY to 122,833 units in week 7. The company’s rail volumes improved for the second consecutive week.
Weakness in US Rail Traffic Persisted for the Fourth Week
On February 21, the AAR reported that the overall rail traffic volumes for US rail carriers (IYT) fell 3% in week 7.
US Rail Traffic Improves Slightly, Downtrend Stabilizes in Week 6
After registering a decline for two consecutive weeks, US rail companies recorded a slight improvement in freight rail traffic in Week 6.
Norfolk Southern Rose Due to Bullish Operating Outlook
Norfolk Southern (NSC) shares rose more than 3% on February 11 after the company updated its long-term financial goals.
CSX’s Week 5 Rail Traffic Hurt by Weak Intermodal Performance
CSX’s (CSX) total rail traffic fell 11.9% YoY (year-over-year) to 110,216 railcars in Week 5 from the 125,057 railcars it moved in the same week last year.
NSC Had the Worst Traffic Performance among Peers in Week 5
Norfolk Southern’s (NSC) rail freight traffic plunged 11.9% YoY (year-over-year) in the fifth week of 2019, the most among all Class I railroad companies.
US Rail Traffic Downtrend Continued for a Second Consecutive Week
Freight traffic for US railroad companies fell for the second consecutive week, according to the Association of American Railroads.
What Drove Canadian National Railway’s Q4 Earnings Higher?
Canadian National Railway reported better-than-expected fourth-quarter results. The company’s quarterly revenues and EPS grew significantly.
Kansas City Southern’s Rail Traffic Weakness Persists
Kansas City Southern’s (KSU) rail traffic performance has stayed weak.
Weak Intermodal Growth Slows CP’s Total Traffic Growth
Due to weak intermodal traffic, Canadian Pacific Railway’s (CP) total rail traffic growth was much lower than rival Canadian National Railway’s (CNI) in Week 3.
Norfolk Southern’s Rail Traffic Uptrend Continues
In Week 3, Norfolk Southern’s (NSC) rail traffic volumes rose 10.5% YoY (year-over-year) to 153,801 units from 139,185, driven primarily by robust growth in carloads and intermodal units.
US Railroads’ Traffic Continues to Grow
US railroads’ traffic growth has continued. Association of American Railroads data shows that US freight rail traffic rose 6.9% year-over-year in Week 3 of this year.
Kansas City Southern’s Weak Rail Traffic Performance Continued
After reporting the weakest rail traffic growth in Week 1, Kansas City Southern (KSU) posted a decline in rail traffic growth for the second week in a row.
Strong Intermodal Growth Drove Union Pacific’s Rail Traffic Higher
Union Pacific (UNP) reported a YoY (year-over-year) increase of 8.1% in its rail traffic volumes in Week 2.
Norfolk Southern’s Rail Traffic Uptrend Continued in Week 2
Norfolk Southern reported an 8.3% YoY increase in its rail traffic volumes in Week 2 driven primarily by robust growth in carloads and intermodal units.
AAR: US Rail Traffic Grew 8.4% in Week 2 of 2019
According to the latest data compiled by the Association of American Railroads, US freight rail traffic increased by 8.4% in Week 2 of 2019.
What to Expect from Norfolk Southern’s Q4 Results
Norfolk Southern (NSC) is scheduled to report its fourth-quarter results on January 24.
Kansas City Was the Lowest Rail Traffic Volume Gainer in Week 1
Kansas City reported a 2.2% YoY decrease in intermodal traffic in the first week of 2019.
Norfolk Southern Was Top Traffic Volume Gainer in First Week
Norfolk Southern (NSC) reported the highest traffic volume growth among all of the Class I railroads (XTN) for the first week of 2019.
Union Pacific Shares Rose: Jim Vena Named as the New COO
Union Pacific (UNP) shares were trading ~8% higher during pre-market trading on January 8. The company named Jim Vena as its new COO.
Union Pacific Rose 6.6% in After-Market Trading on January 7
On January 7, Union Pacific shares rose 6.7% in after-market trading and touched $147.75. Union Pacific stock closed at $138.65.
Kansas City: Lowest Rail Traffic Volume Gainer in Week 52
In Week 52, Kansas City Southern (KSU) reported 0.3% YoY (year-over-year) total traffic volume growth.
The Uptrend in Norfolk’s Rail Traffic Continued in Week 52
Norfolk Southern (NSC) reported an 11% YoY increase in its rail traffic volumes in Week 52 driven primarily by robust growth in carloads and intermodal units.
US Rail Traffic Saw Impressive Growth in the Last Week of 2018
Major US railroad companies ended 2018 on a strong note, reporting robust freight traffic growth in the last week of the year.
Union Pacific: Top Rail Traffic Volume Gainer in Week 51
Union Pacific (UNP) reported the highest traffic volume growth among all of the Class I railroads (IYT) for week 51.
US Rail Freight Traffic Grew 4.2% in Week 51
The US rail traffic growth trend continued with a 4.2% increase in carloads and intermodal units in the week ending on December 22.
Kansas City Southern: Top Rail Traffic Volume Gainer in Week 49
After registering a 0.5% rail traffic decline in Week 48, Kansas City Southern (KSU) made a remarkable turnaround.
Week 49: US Rail Freight Traffic Growth Rebounded
On December 13, the AAR (Association of American Railroads) released its rail freight traffic data for Week 49, which ended on December 8.
