railways

Canada’s railway strike could have major impacts on various sectors and companies in the U.S. that rely on goods and commodities from the second-largest company in the world. Canadian National Railway Company (NYSE:CNI) and Canadian Pacific Kansas City Ltd. (NYSE:CP) said they locked out...

Possible labor strikes at U.S. East and Gulf coast ports and Canadian railways may lead to volatility in container freight rates by causing supply-chain disruptions for the container industry and cargo owners, according to an industry expert. “With the looming strikes at Canadian railways and...

Canadian National Railway (USA) (NYSE: CNI)'s revenue growth appears challenging over the next several quarters, according to Argus. The Analyst Argus analyst John Eade downgraded shares of Canadian National Railway from Buy to Hold. The Thesis Canadian National, though a well-managed...

Rail companies were the latest sector to report their quarterly earnings. Here is a roundup of how the major players performed. Canadian Pacific Railway Canadian Pacific Railway Limited (USA) (NYSE: CP) reported it earned C$3.04 per share on revenue of C$1.64 billion in the fourth quarter. E....

While Donald Trump's inauguration to the United States presidency is imminent, visibility into his proposed policy issues remains cloudy. On the campaign trail, Trump promised many protectionist measures, in support of and promoting his slogan "Make America Great Again." Notable...

Railcar stocks rallied strongly on Monday amid a deal in the space. Offloading Railcar Leasing Firm Carl Icahn's Icahn Enterprises LP (NASDAQ: IEP) announced Monday a deal to sell its wholly owned subsidiary American Railcar Leasing to a subsidiary of Sumitomo Mitsui Banking Corp. for cash based...

Railroad companies Kansas City Southern (NYSE: KSU) and Union Pacific Corporation (NYSE: UNP) could have a lot on the line if Donald Trump follows through on his protectionist campaign promises. While most analysts have focused on Kansas City Southern due to its exposure to Mexico, Loop Capital...

Kansas City Southern (NYSE: KSU) has been a standout, though not in a positive sense. Railroad stocks such as CSX Corporation (NASDAQ: CSX), Union Pacific Corporation (NYSE: UNP) and Norfolk Southern Corp. (NYSE: NSC) have been on a roll since the November 8 U.S. presidential election even as...

Railroad operators have reported slight improvement in the overall volume trend across the board, along with intermodal growth, Bernstein said as part of its weekly carload summary. Lead analyst David Vernon noted the 4W average volume growth is 1–4 percent higher than the 13W average growth...

Rail pricing issues led Union Pacific Corporation (NYSE: UNP) to report an unexpected third-quarter earnings miss. However, Morgan Stanley reiterated its Overweight rating on the stock as it believes the pricing is an issue impacting the entire rail sector and not cyclical. The company reported...

Barclays continues to recommend long-term ownership of Canadian Pacific Railway Limited (USA) (NYSE: CP), terming the recent guidance cut as a “rare stumbling block” given the company’s remarkable transformation in the past four years. Barclays noted that Canadian Pacific offers...

Rail earnings season is in mid-swing. So far, the railroad stocks that have already reported earnings have mostly disappointed the market. Here’s a look at the Q3 numbers so far and a preview of what to look for from the remaining rail reports. Canadian National Railway (USA) (NYSE: CNI)...

BMO Capital Markets has maintained its Market Perform and $98 price target on Kansas City Southern (NYSE: KSU), saying the company has a better volume visibility versus class 1 peers heading into 2017 despite higher costs driving a third-quarter earnings miss. The company’s third-quarter EPS...

Mark Levin of Seaport Global has begun coverage of Kansas City Southern (NYSE: KSU) with an Accumulate rating and target price of $104 on expected volume growth in the fourth quarter and first half of 2017, while noting that shares are attractive at current levels. Good Times Ahead The analyst also...

On Wednesday, railroad firms participated in a couple of conferences, hosted by Cowen & Co. and RBC Capital Markets. As a result, five stocks within the sector were analyzed by Loop Capital Markets, four Hold-rated and one rated at Buy. 4 At Hold CSX Corporation (NASDAQ: CSX): The company sees...