I agree. The connection links are basically the same - Chicago-St Louis-Memphis-New Orleans. The current selling in RRs is relentless.
there is light at end of tunnel. NSC doing good job with traffic portfolio offsetting coal's demise. I forgot NSC owns 60% of Conrail.
Presentation Slide 25
cash flow 1.473B v 1.437
capex 886 v. 809
free cash flow 587 v. 628
Combining the two RRs looks attractive. It fills BNI's gap east of the MIss and pushes the routes right to the Atlantic. Drop in coal use hurting all the RRs. Industry realignment needed.
Good news not baked into NSC's share price. Canal expansion project will result in surge in intermodal traffic on east coast....Norfolk deep water best suited to larger ships
the fuel surcharges are going to disappear or be re-set at lower levels because west texas oil is so low....this trend will last until at least 2017..........
why are airfares 2x last year when oil was $110??? why do jet blue and SW air have the same prices for airfare?