Recovery On Track: Rail Traffic Continues To Rise (NSC, CSX, UNP, BRK-A)

North American rail traffic, written extensively about at Benzinga, continues to climb, showcasing a stronger economy, and stronger railroad stocks.

Names like CSX CSX, Norfolk Southern NSC, Union Pacific UNP and Berkshire Hathaway BRK will all benefit as railroad volumes continue to increase. Shares of CSX are at all time highs on this.

Last week, traffic rose 2.2% compared to 2010, and 30% higher than 2009.

Given the events of Japan, it is entirely plausible that we will see some choppy results, with some lower than expected traffic in coming weeks, then higher than expected weeks, as Japan starts to rebuild.

Here is a chart of the railroad volume, highlighting the strength over the past year.

Shares of Norfolk Southern, CSX, and Union Pacific are all higher this morning.

As they say in the biz, "All Aboard!!"

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Posted In: Long IdeasTrading IdeasIndustrialsRailroads
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