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Down, Down: Rail Freight Operator Aurizon Reports Falls In Profits And Earnings
Tuesday, August 13, 2019 - 10:23am | 838Australian bulk rail freight operator Aurizon (ASX: AZJ), which owns one of the world's largest coal rail networks, reported a 15 percent decline in full year profits. Statutory earnings before interest and taxation (EBIT) were down by 14 percent and revenues were down 7 percent. Revenues stood at...
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Is Rail Freight Volume Growing?
Monday, April 22, 2019 - 4:23pm | 1344FreightWaves is providing a forum – Market Voices – for a number of market experts. Jim Blaze is a railroad career economist with an engineering background and a strategic analysis outlook. Jim's career spans 21 years with Consolidated Rail Corporation (CONRAIL), 17 years...