73.99 0.00 (0.00%)
Pre-market: 8:04AM EDT
|Bid||73.50 x 1300|
|Ask||74.05 x 2200|
|Day's range||72.73 - 74.13|
|52-week range||48.26 - 76.24|
|PE ratio (TTM)||10.66|
|Earnings date||16 Oct 2018|
|Forward dividend & yield||0.88 (1.20%)|
|1y target est||75.05|
US-based Genesee & Wyoming (GWR) is a worldwide player in the railroad industry. With over 100 years of history, the company has a presence around the world, including North America, Latin America, Europe, and Australia.
Canadian Pacific Railway (CP) remained in the spotlight in week 36. The railroad was in the second position among railroads with YoY (year-over-year) railcar traffic growth of 8.2% for the week. Kansas City Southern (KSU) remained on top with 11% gains, whereas CSX (CSX) ranked third in terms of overall railcar traffic growth.
Canadian National Railway (CNI) is the number one fright rail in Canada. In week 36, the railroad’s carload traffic declined 0.9% YoY to ~62,900 railcars from ~63,400 units in the same period last year.
James M. Foote, President and Chief Executive Officer, said, “CSX is proud to operate throughout the southeastern region, states that are home to so many of our dedicated employees, customers and suppliers. The CSX Foundation is also matching employee contributions made to the American Red Cross for disaster relief efforts dollar-for-dollar.
Kansas City Southern (KSU), the US’s smallest class I railroad, continued its blockbuster volume growth journey in week 36. During the week, the railroad’s YoY (year-over-year) intermodal traffic growth of 22.4% was much higher compared to its carload traffic growth of 2.7%.
Eastern US railroad CSX (CSX) posted 5.4% YoY (year-over-year) growth in carload traffic in week 36. Compared to 64,900 railcars excluding intermodal units in the same week last year, CSX moved 68,400 railcars in the comparable period this year. CSX’s carload traffic gains were much higher compared to rival Norfolk Southern’s (NSC) 1.2% YoY gains in week 36. The former’s carload gains were almost double the percentage of US railroads’ 2.6% YoY average gains in the week.
Eastern US rail carrier Norfolk Southern (NSC) posted a 1.2% YoY (year-over-year) increase in carload traffic. The railroad moved 66,000 railcars excluding intermodal units in the week compared to ~65,300 in the same week of 2017.
Western US railroad giant Union Pacific (UNP) reported a 6.4% YoY (year-over-year) increase in carload traffic in week 36. During the week, UNP moved ~91,700 railcars excluding intermodal units compared to ~86,200 in the corresponding period of 2017.
Major railroad BNSF Railway (BRK.B) reported a 1.5% YoY (year-over-year) rise in its carload traffic in week 36. The Berkshire Hathaway-owned railroad carried ~99,100 railcars excluding intermodal traffic in the week compared to ~97,700 units in week 36 last year.
The AAR (Association of American Railroads) published weekly traffic data on September 12 from the 12 major North American railroads for week 36 (the week ended on September 8). AAR’s weekly freight data is classified into carload traffic and intermodal units. Intermodal units are expressed in containers and truck trailers.
JACKSONVILLE, Fla., Sept. 18, 2018-- CSX Corporation will release third-quarter financial and operating results after the market close on Tuesday, October 16, 2018. This will be followed by a conference ...
CSX (CSX) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
CSX Corporation (CSX) today announced a change in leadership for the Merchandise and Intermodal Sales & Marketing teams with the appointment of Dean Piacente to Vice President, Industrial Products and Maryclare Kenney to Vice President, Intermodal and Automotive. “I’m thrilled to announce Maryclare’s promotion to her new expanded role,” said Mark K. Wallace, Executive Vice President, Sales and Marketing. Piacente was previously Vice President, Intermodal and now assumes responsibility for the company’s chemicals, metals, paper and forest products businesses.
Week 35 was the best week for the smallest Class I railroad—Kansas City Southern (KSU)—in 2018 so far. In the week, KSU topped in YoY carload traffic gains as well as intermodal volume gains. Kansas City Southern recorded 20.2% YoY (year-over-year) growth in Week 35’s carload traffic to ~25,000 railcars from ~20,800 railcars in Week 35 of 2017.
In Week 35, Eastern US rail freight giant CSX (CSX) registered a 1.0% YoY (year-over-year) decline in carload traffic. The railroad hauled 70,800 railcars excluding intermodal volume in Week 35, compared to 71,500 units in Week 35 of 2017.
In Week 35, Norfolk Southern (NSC) reported a 1.8% YoY (year-over-year) decline in carload traffic. The railroad hauled 70,700 railcars sans intermodal units in the week, compared to ~72,000 in Week 35 of 2017.
Air Lease (AL) benefits from strong passenger traffic and efforts to reward shareholders. However, rise in operating expenses is a concern.
Wall Street???s robust performance in August was fueled by strong second-quarter 2018 earnings results and solid macro-economic data like GDP, retail sales, consumer confidence and job data.
Eastern US rail freight giant CSX Corporation (CSX) witnessed a 3.7% YoY (year-over-year) carload traffic rise in Week 34. The company moved 73,000 railcars sans intermodal units in the week compared to 70,400 units in the same week last year.
Eastern US major railroad company Norfolk Southern (NSC) witnessed a minor 0.2% YoY (year-over-year) fall in its Week 34 carload traffic. NSC moved slightly more than 71,100 railcars sans intermodal units, which were almost equal compared to its levels in Week 34 of 2017.
BNSF Railway (BRK.B) witnessed a 5.8% YoY (year-over-year) rise in carload traffic in Week 34. The Berkshire Hathaway-owned Class I rail carrier moved ~104,300 railcars other than intermodal in the week compared to ~98,500 units in Week 34 of 2017.
The AAR (Association of American Railroads) published its weekly traffic data on August 29. The data pertained to 12 major North American railroad companies for Week 34, which ended on August 25. AAR’s weekly data are divided into carload traffic and intermodal units. Intermodal units are expressed in truck trailers and containers.