Union Pacific and Norfolk Southern’s growth-oriented merger argument remains sound, but the bid-ask spread on competitive concessions remains unknown until the rails respond. Downstream, we view today’s filing as constructive for domestic
Industry leaders were more bullish on rail and intermodal at the latest “Suds with Seidl” event at TD Cowen, as they see strong February trends after some weather-related weakness in January. The 2022
CN is teaming with logistics provider Kuehne + Negal and intermodal services company Western IntermodeX to offer shippers “smooth single service” from discharge in Prince Rupert and Vancouver, B.C., to final destinations
At TD Cowen, we are lowering our rail estimates ahead of third-quarter earnings reports to reflect a very challenged environment. Leaders in the rail and logistics market who attended our latest Railroad Happy Hour” called the current outlook “bleak,” with growing uncertainty in 2025.
Union Pacific (UP) reports on LinkedIn and Twitter that partner Hub Group “will leverage their growing fleet with our improved premium service product to now serve all of North America’s automotive production facilities.” Also, Norfolk Southern (NS) surprises Atlanta (Ga.) Public Schools with two $50,000 donations; and CSX celebrates its “heritage of passion and dedication” with a railroader family that reaches back four generations.
At TD Cowen’s latest “Railroad Happy Hour,” leaders in the rail and logistics market said they continue to face a soft volume environment, though service improvements are a step in the right
Greenbrier Rail Services (GRS) is selling its Youngstown Steel Doors (YSD) subsidiary, and Hub Group has acquired Choptank Transport, a cold-chain focused third-party logistics company.
Rail industry leaders were bullish on the quarter-to-date at the latest “Suds with Seidl” event, with one panelist citing a spring surcharge for containers, underlying the strong rate backdrop for carriers.
Shipping container shortages in Asia, traffic jams at ports, limited availability of dockworkers and truck drivers from Southern California to Singapore, higher shipping prices—all are part of a now-stretched supply chain due to the pandemic, according to a recent New York Times report. What is the impact on rail?
Services were held for James D. Martin, 74, president of public relations and advertising agency JDM & Associates Marketing LLC, who died November 27 in Wilmette, Ill.
