|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||107.27 - 112.10|
|52 Week Range||81.67 - 114.85|
|PE Ratio (TTM)||11.99|
|Forward Dividend & Yield||1.44 (1.31%)|
|1y Target Est||N/A|
US Class I railroads’ (XLI) intermodal segments compete directly with trucking (WERN) companies. In the last two years, shippers have been shying away from the rail intermodal for their shipping needs. During those times, shippers prefer trucking companies for medium to long-haul freight services.
President Trump dropped a controversial proposal that vehicles made in Canada and Mexico for the U.S. market must contain at least 50% American materials.
2016 and 2017 were particularly bad for coal traffic due to the strength in the US dollar, international markets flooded with coal, and most importantly, low natural gas prices. The natural gas prices were low due to a slump in crude oil prices, which led to a switch to natural-gas-fired power plants from coal-fired power plants. Canadian Pacific Railway (CP) earned 9.9% of revenues from its coal business, whereas the commodity’s share in total carloads was 11.6% in 2017.
The Zacks Analyst Blog Highlights: Union Pacific, Kansas City, Canadian Pacific, CSX and Norfolk
The turnaround of Freight Railroad industry can be attributed to an improvement in the coal-related scenario and a boost in intermodal volume.
President Donald Trump touted tax cuts and regulatory rollbacks during a Wednesday visit to Boeing's St. Louis plant, flanked by The Boeing Co. CEO Dennis Muilenburg and Treasury Secretary Steven Mnuchin. Trump, seated in front of an F-15 fighter jet, heard from an array of Missouri business leaders, who praised the tax cuts, passed in December, often with personal stories. The St. Louis Business Journal reports that at least two Kansas City businessmen made the trip, including Terry Bassham, chairman, president and CEO of Great Plains Energy Inc. (GXP) and Kansas City Power & Light Co., and Chad Devenney, assistant vice president of network operations at Kansas City Southern Railway (KSU).
President Donald Trump touted tax cuts and regulatory rollbacks during a Wednesday visit to Boeing's St. Louis plant.
Bulls might now detect a Goldilocks economy, growth that is neither too hot nor too cold to worry either the Street or the Federal Reserve.
Mexico’s antitrust watchdog closed an investigation into a possible lack of competition in interconnection services among the country’s principal railroad operators.
Canadian National (CNI) announces a replacement of its current CEO aiming to revive the company's fortunes by addressing the current problems.
I am going to run you through how I calculated the intrinsic value of Kansas City Southern (NYSE:KSU) using the discounted cash flow (DCF) method. If you want to learnRead More...