The rail traffic for last week continued to climb, indicating that the economic recovery continues to stay on track.
Traffic was up 1.7% week-over-week and 3.2% year-over-year.
This is why names like CSX CSX, Union Pacific UNP, Norfolk Southern NSC and Kansas City Southern KSU continue to make 52 week highs, or are very close to them.
Here is a link to see the full report, and some commentary from Todd Sullivan, General Partner at Rand Partners.
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