Railroads

Morgan Keegan has lowered the price target on Genesee & Wyoming, Inc. (NYSE: GWR) from $58 to $56 and maintains its Outperform rating.

According to the Wall Street Journal, Vice President Joe Biden will announce a new $53 billion plan to upgrade the passenger rail networks in the country. Alongside Vice President Biden will be Transportation Secretary Ray LaHood. The two of them will announce the plan at Philadelphia's 30th...

Deutsche Bank is out with its Freight Tracker Update and lists the following companies as its top picks: FedEx Corporation (NYSE: FDX) Buy CSX Corporation (NYSE: CSX) Buy J. B. Hunt (NASDAQ: JBHT) Buy Old Dominion (NASDAQ: ODFL) Buy

Greenwich, Connecticut-based Genesee & Wyoming Inc. (NYSE: GWR) on Tuesday morning released financial results that missed Wall Street earnings expectations. Genesee & Wyoming Inc reported that its 4th quarter net income rose to $19.9 million, or 47 cents per share, up from $18.3 million, or...

Deutsche Bank is out with an industry alert on the Airfreight and Surface Transportation sector this morning, highlighting Union Pacific (NYSE: UNP), J.B. Hunt (NASDAQ: JBHT), and United Parcel Service (NYSE: UPS). In the report, Deutsche Bank states, "Last night after the close, transportation...

CSX Corp (CSX) just continues to impress. The railroad company recently delivered its 8th consecutive positive earnings surprise driven in large part by an improving U.S. economy. Earnings estimates have been surging since the company posted better-than-expected fourth quarter results. Valuation...

CSX Corp (CSX) just continues to impress. The railroad company recently delivered its 8th consecutive positive earnings surprise driven in large part by an improving U.S. economy. Earnings estimates have been surging since the company posted better-than-expected fourth quarter results. Valuation...

Union Pacific Corporation (NYSE: UNP) announced that its Board of Directors today authorized the repurchase of up to 40 million additional common shares by March 31, 2014. This new program is effective April 1, 2011, replacing the current authorization that will expire March 31, 2011. In addition...

Union Pacific Corporation (NYSE: UNP) announced that its Board of Directors today authorized the repurchase of up to 40 million additional common shares by March 31, 2014. This new program is effective April 1, 2011, replacing the current authorization that will expire March 31, 2011. In addition,...

An improving U.S. economy, a significant surge in automotive shipments, and a sharp rebound in many end-markets are expected to fuel the future growth of the Railroad industry. Freight rail is a derived-demand industry -- demand for rail services is tied to the demand for the products that...

An improving U.S. economy, a significant surge in automotive shipments, and a sharp rebound in many end-markets are expected to fuel the future growth of the Railroad industry. Freight rail is a derived-demand industry -- demand for rail services is tied to the demand for the products that...

An improving U.S. economy, a significant surge in automotive shipments, and a sharp rebound in many end-markets are expected to fuel the future growth of the Railroad industry. Freight rail is a derived-demand industry -- demand for rail services is tied to the demand for the products that...

An improving U.S. economy, a significant surge in automotive shipments, and a sharp rebound in many end-markets are expected to fuel the future growth of the Railroad industry. Freight rail is a derived-demand industry -- demand for rail services is tied to the demand for the products that...

Norfolk Southern Corporation (NYSE: NSC) participated in the location of 67 new industries and the expansion of 28 existing industries along its rail lines in 2010. New plants and expansions represented an investment of $2.5 billion by Norfolk Southern customers and are expected to create 2,000...

An improving U.S. economy, a significant surge in automotive shipments, and a sharp rebound in many end-markets are expected to fuel the future growth of the Railroad industry. Freight rail is a derived-demand industry -- demand for rail services is tied to the demand for the products that...