Norfolk Southern Corp

FedEx stock, which has been plagued by back-to-back dismal quarterly performances and US-China trade war uncertainty, is making a turnaround.

FedEx stock soared yesterday on hopes of a US-China trade deal after US commerce secretary Wilbur Ross said the two sides are “making good progress.”

FedEx (FDX) and UPS (UPS) stocks fell drastically on Thursday due to renewed trade war concerns. China is concerned about reaching a trade deal with the US.

On Wednesday, Norfolk Southern (NSC) stock fell nearly 6% after its second-quarter earnings missed the estimates.

Norfolk Southern will report its second-quarter earnings results on Wednesday. The company is expected to report an adjusted EPS of $2.79.

Kansas City Southern (KSU) stock opened nearly 3% higher on Friday after reporting better-than-expected second-quarter results.

Union Pacific reported strong second-quarter bottom-line results. The second-quarter results beat analysts’ expectations.

On Wednesday, CSX (CSX) stock was trading 7% lower in the pre-market trade. The company reported dismal second-quarter results.

On Tuesday, Canadian Pacific Railway (CP) reported strong second-quarter earnings. The company’s top and bottom lines touched a record mark.

Analysts expect lower revenue growth to hurt Union Pacific’s bottom-line results. They expect the company to report revenues of $5.63 billion.

On Tuesday, CSX (CSX) is scheduled to report its second-quarter earnings results. Analysts expect the company to report an adjusted EPS of $1.11.

US railroads’ freight volume declined 5.5% YoY to 533,164 railcars in the week ended on June 29.

Norfolk Southern’s carload traffic fell 3.7% YoY to 68,193 railcars from 70,785 railcars. The carload volumes, excluding coal and coke, fell 3.5% YoY to 48,240 units.

Norfolk Southern’s (NSC) rail traffic fell 9.7% year-over-year in Week 23. The company hauled 141,742 railcars during the week. Norfolk Southern recorded the highest fall among railroad companies.

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.

Norfolk Southern’s (NSC) rail traffic grew 0.6% YoY (year-over-year) in Week 20. The company hauled 156,347 railcars during the week.

Canadian railroad companies’ traffic rose 0.6% YoY to 155,470 units. The carload traffic grew 2.7% YoY to 85,865 railcars in Week 20.

The analysts polled by Reuters have provided a bullish recommendation for most of the Class I railroad companies.

So far, railroad stocks have made a remarkable run in 2019. Most of the railroad stocks have outperformed the broader market returns.

Most US railroad companies registered an improvement in their operating ratio—a key metric to measure operational progress.

Union Pacific’s (UNP) first-quarter EPS grew 15% YoY to $1.93 and beat analysts’ estimate of $1.89.

Norfolk Southern’s (NSC) rail traffic inched down 1% YoY (year-over-year) in Week 19.

The Association of American Railroads reported on May 16 that overall rail traffic for US railroad companies fell 3.7% in Week 19.

On April 24, Norfolk Southern (NSC) reported strong first-quarter results. The company’s top and bottom line beat analysts’ estimates.

Canadian Pacific Railway (CP) stock has risen ~23.4% YTD, outperforming the broader market as of April 23.

On April 17, the Association of American Railroads reported that overall volumes for US railroad companies had fallen 1.2% in Week 15.

Norfolk Southern (NSC) plans to report its first-quarter results on April 24.

Kansas City Southern (KSU) stock has risen ~23.6% YTD (year-to-date), outperforming the broader market as of April 16.

Kansas City Southern stock rose 3.4% in premarket trading on April 17 after it reported better-than-expected results for the first quarter.

On April 17, Morgan Stanley raised its target price on CSX stock to $57 from $55, while Baird increased the target price to $83 from $81 on April 16.

CSX (CSX) shares rose more than 4% in the after-hours trading on April 16. The company reported strong first-quarter results.

Canadian Pacific Railway (CP) has a consensus rating of ~1.87 and a consensus “buy” recommendation from analysts polled by Reuters.

Norfolk Southern’s (NSC) rail freight traffic grew 3% YoY in Week 14 to 154,293 railcars from 149,798 railcars.

Kansas City Southern (KSU) is scheduled to report its first-quarter results on April 17. Analysts expect the EPS to grow 11.1% YoY.

Union Pacific stock (UNP) is up ~21% YTD as of April 11 and has outperformed the broader market.

Union Pacific (UNP) plans to report its first-quarter results on April 18.

Norfolk Southern’s (NSC) overall rail freight traffic inched up 0.3% YoY (year-over-year) in Week 11.

On March 20, the Association of American Railroads stated that overall US rail traffic volumes had fallen 6.8% in Week 11.

FedEx’s (FDX) fiscal 2019 third-quarter adjusted EPS of $3.03 fell 18.5% from its EPS of $3.72 in the third quarter of fiscal 2018.

CSX’s (CSX) total rail traffic fell 4.7% YoY (year-over-year) to 118,788 railcars in week 10 from 124,618 railcars in the same week last year.

Canadian Pacific Railway registered a 7.7% YoY decline in its total rail traffic in week 10. The company carried 48,329 railcars during the week.

Union Pacific recorded an 8.2% YoY decline in its rail traffic in week 10 to 155,845 railcars from 169,846 railcars carried in the same week in 2018.

Canadian Pacific Railway’s (CP) total rail traffic fell 3% YoY to 47,392 railcars in week 8 from 48,873 railcars in the same week in 2018.

Norfolk Southern (NSC) has always tried to enhance shareholders’ wealth through dividend payments and share repurchases.

Norfolk Southern (NSC) has received a consensus “buy” recommendation from the analysts polled by Reuters.

Norfolk Southern (NSC) has been investors’ industry favorite since the beginning of 2019. The stock has risen 21.3% YTD.

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.

On February 21, the AAR reported that the overall rail traffic volumes for US rail carriers (IYT) fell 3% in week 7.

CSX’s (CSX) total rail traffic volumes rose 3.2% YoY (year-over-year) to 122,403 units 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 (NSC) shares rose more than 3% on February 11 after the company updated its long-term financial goals.

In the YTD period, Union Pacific (UNP) has soared ~19%, significantly outperforming the returns of its peers.

After registering strong rail traffic volume growth in the first four weeks of 2019, Union Pacific (UNP) reported a decline in the fifth week.

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.

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.

Freight traffic for US railroad companies fell for the second consecutive week, according to the Association of American Railroads.

After registering strong double-digit rail traffic volume growth in Week 3, Norfolk Southern reported a massive plunge in Week 4 of 2019.

Kansas City Southern (KSU) reported a dismal rail traffic performance in Week 4 of 2019.

Kansas City Southern’s (KSU) rail traffic performance has stayed weak.

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 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.

On January 24, Norfolk Southern (NSC) reported better-than-expected results for the fourth quarter.

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.

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.

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.

Norfolk Southern (NSC) is scheduled to report its fourth-quarter results on January 24.

CSX (CSX) reported better-than-expected results for the fourth quarter.

Wall Street analysts project Kansas City Southern’s Q4 EPS to grow 13% YoY to $1.56, mainly driven by higher revenues and lower taxes.

CSX is scheduled to report its fourth-quarter results on January 16. CSX could continue to report better-than-expected bottom-line results.

Kansas City reported a 2.2% YoY decrease in intermodal traffic in the first week of 2019.

Norfolk Southern (NSC) reported the highest traffic volume growth among all of the Class I railroads (XTN) for the first week of 2019.

In Week 52, Kansas City Southern (KSU) reported 0.3% YoY (year-over-year) total traffic volume growth.

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.

Major US railroad companies ended 2018 on a strong note, reporting robust freight traffic growth in the last week of the year.

The US rail traffic growth trend continued with a 4.2% increase in carloads and intermodal units in the week ending on December 22.

CSX’s (CSX) rail traffic volume grew 5.6% YoY to 132,231 units mainly due to an increase in carload traffic and intermodal units.

Canadian Pacific Railway (CP) reported 1.5% YoY (year-over-year) total traffic volume growth in Week 49.

Norfolk Southern (NSC) reported 3.3% YoY growth in its rail traffic volumes in Week 49, mainly driven by strong growth in intermodal units.

Union Pacific’s (UNP) rail traffic volumes increased 5.7% YoY (year-over-year) to 183,346 units in Week 49.

After registering a 0.5% rail traffic decline in Week 48, Kansas City Southern (KSU) made a remarkable turnaround.

On December 13, the AAR (Association of American Railroads) released its rail freight traffic data for Week 49, which ended on December 8.

CSX’s (CSX) rail traffic volume grew 1.5% YoY to 128,821 units mainly driven by robust intermodal growth, partially offset by a decline in carload traffic.

Union Pacific reported a 0.5% YoY increase in its carload traffic in week 48.

In week 48, US rail carriers (XLI) reported a 0.4% YoY rise in overall rail traffic volume.

CSX posted 1.7% YoY carload traffic growth in week 47. The company hauled 60,224 railcars, excluding intermodal units, in week 47.

Norfolk Southern (NSC) reported 4.4% YoY growth in its rail traffic volume in week 47. The company hauled 134,716 total cars.

On November 28, the AAR (Association of American Railroads) released its rail freight traffic data for week 47, which ended on November 24.

Norfolk Southern (NSC) reported a 2.2% YoY fall in its rail traffic volume in week 46.

Kansas City Southern’s (KSU) rail traffic volume declined 6.7% YoY to 44,382 units mainly due to a decrease in carload and intermodal traffic.

In week 46, US rail carriers (XLI) reported a 0.04% YoY rise in overall rail traffic volume, the slowest growth so far in 2018.

Eastern US railroad company Norfolk Southern (NSC) reported a 3.3% YoY (year-over-year) fall in its carload traffic in Week 42.

United Parcel Service’s (UPS) Supply Chain & Freight vertical accounts for ~20% of its total revenues.

In the third quarter, the US Domestic Package segment’s revenues jumped 8.1% YoY to $10.4 billion from $9.6 billion in the third quarter of 2017.

Union Pacific (UNP) announced its third-quarter earnings results before the market opened on October 25.

Norfolk Southern (NSC) announced its Q3 earnings this morning. NSC’s adjusted EPS of $2.52 beat the analysts’ estimate of $2.44 by 3.1%.

In Week 41, Kansas City Southern (KSU) posted a 2.4% YoY (year-over-year) decline in carload traffic.

Eastern US rail carrier Norfolk Southern (NSC) registered a 3.1% YoY (year-over-year) slump in carload traffic.

CSX’s intermodal shipments rose 3% YoY in the third quarter to 739,000 containers and trailers from 718,000 units in the third quarter of 2017.

In the third quarter, CSX’s total coal volume was 234,000 units, up 7% YoY from 218,000 units in the third quarter of 2017.

The Truck segment’s revenues expanded 14% in the third quarter to $106.0 million from $93.0 million in the third quarter of 2017.