CSX Corporation and Union Pacific on the Upswing as High Fuel Costs Lead to Transportation Shift
The Bedford Report Provides Equity Research on CSX Corporation & Union Pacific
(firmenpresse) - NEW YORK, NY -- (Marketwire) -- 12/06/11 -- Railroad stocks have performed well in recent months as better than expected freight data has renewed optimism in the industry. Tight truck capacity and high fuel costs have also benefited the sector by leading a shift in the way the economy transports its goods. The Bedford Report examines the outlook for companies in the Railroads Industry and provides research reports on CSX Corporation (NYSE: CSX) and Union Pacific Corporation (NYSE: UNP). Access to the full company reports can be found at:
Last week the Association of American Railroads (AAR) announced that freight carload traffic rose percent in the week ending Nov. 26, 2011, measured against the comparable week in 2010. Combined North American freight carload volume for the first 47 weeks of 2011 on 13 reporting U.S., Canadian, and Mexican railroads was up 2.1 percent measured against the comparable period in 2010, while combined intermodal rose five percent.
The Bedford Report releases stock research on the Railroads Industry so investors can stay ahead of the crowd and make the best investment decisions to maximize their returns. Take a few minutes to register with us free at and get exclusive access to our numerous analyst reports and industry newsletters.
Last week the freight railroad industry averted a costly strike after resolving differences with two of its unions and agreeing to extend talks with a third. The group of more than 30 railroads, including Union Pacific Corporation and CSX Corporation has been trying for more than a year to reach collective bargaining agreements with 13 unions representing about 132,000 workers.
The agreements came just hours after Republican House leaders said they would move to vote Friday on emergency legislation to prevent a work stoppage.
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Datum: 06.12.2011 - 13:16 Uhr
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