Railroads

Shares of America's largest railroad, Union Pacific (NYSE: UNP), have broken out to a fresh 52-week high and are nearing their all-time high reached in 2008. Shares are up $1.32, or 1.65%, to $81.28. The stock's all-time high was $85.80 reached in September 2008, right before the collapse of Lehman...

Morgan Stanley released their morning research summary for Friday, with Research in Motion (NASDAQ: RIMM), Genesee & Wyoming (NYSE: GWR), and the topic of tablets vs. notebook computers chief among the subjects. Research in Motion saw an Underweight rating maintained by Morgan Stanley, despite...

For Immediate Release Chicago, IL – September 17, 2010 – Zacks.com Analyst Blog features: Union Pacific Corp. (UNP), CSX Corp. (CSX), Norfolk Southern Corp. (NSC), Kansas City Southern (KSU), and Covidien plc (COV). Get the most recent insight from Zacks Equity Research with the free Profit from...

Norfolk Southern Corporation (NYSE: NSC) announced today the commencement of an offer to exchange any and all outstanding 7.90% Notes due 2097 for 5.30% Notes due 2040 and cash, upon the terms and subject to the conditions as set forth in an offering memorandum and a related letter of transmittal...

In a recent report presented by the U.S. Senate Commerce Committee it is stated that the discretionary pricing power enjoyed by the Class I freight rail transport companies are putting excessive pressure on freight customers. The freight railroad operators are enjoying this pricing power since...

Genesee & Wyoming Inc. (GWI) (NYSE: GWR) today announced that Michael O. Miller has joined the company as Chief Commercial Officer, North America. The newly created position is based in GWI's office in Jacksonville, Fla., and reports to the Chief Executive Officer. Mr. Miller has more than 15...

Chicago, IL – September 15, 2010 - Stocks in this week's article include JAKKS Pacific, Inc. (NASDAQ: JAKK), PolyOne Corp. (NYSE: POL), Eaton Corp. (NYSE: ETN), CSX Corp. (NYSE: CSX) and Blount International Inc. (NYSE: BLT). Kevin Matras talks about the Price to Sales ratio and why it's one of his...

Kevin Matras talks about the Price to Sales ratio and why it's one of his favorite valuation metrics. Stocks highlighted include JAKK, POL, ETN, CSX and BLT. BLOUNT INTL (BLT): Free Stock Analysis Report CSX CORP (CSX): Free Stock Analysis Report EATON CORP (ETN): Free Stock Analysis Report JAKKS...

For Immediate Release Chicago, IL – September 10, 2010 – Four free stock picks are being made available today on Zacks.com. The industry’s leading independent research firm highlights one Zacks #1 Rank Strong Buy or a Zacks #2 Rank Buy stock for each of the four main styles of investing: Aggressive...

Goldman Sachs is out with a research report this morning, where takes a look at recent trends in the global transportation market and what it means for stocks in its coverage space. The analysts noted that volumes across the board were surprisingly strong in the railroad and truckload segments....

Kansas City Southern (KSU), a leading rail transportation company in the U.S., Mexico, and Panama, has announced that its second half 2010 revenue will increase by nearly 20% year over year due to significant growth in freight volume. According to Kansas City Southern, performance with respect to...

Mark D. Manion, executive vice president and chief operating officer of Norfolk Southern Corporation (NYSE: NSC), will address the Morgan Keegan Industrial/Transportation Conference on Wednesday, Sept. 15, 2010, in Chicago at 9:05 a.m. CDT.

Total U.S. rail freight traffic for the week ended August 21, 2010 rose 12.8% from last year. Total rail traffic was still down 5.4% from 2008 levels, however. Leading the way were shipments of metals (up 25.8%) and autos (up 22.4%). Intermodal shipments, which involves the transport of freight...