|Day's Range||438.50 - 456.50|
Major Western US rail carrier Union Pacific (UNP) reported 2.0% YoY (year-over-year) carload volume growth in Week 32. The company carried ~98,200 railcars excluding intermodal units in the week compared to ~96,300 in the same week of 2017.
In Week 32, BNSF Railway (BRK.B) witnessed a 3.2% rise YoY (year-over-year) in carload traffic. The Berkshire Hathaway–owned railroad moved ~102,700 railcars excluding intermodal in that week, compared to ~99,600 units in the same period last year.
Google has changed a help page that erroneously described how its "Location History" setting works, clarifying for users that it still tracks their location even if they turn the setting off. The change comes days after an Associated Press investigation revealed that several Google apps and websites store user location even if users have turned off Location History. SCOTTSDALE, Ariz. (AP) -- Kroger is testing grocery deliveries using driverless cars near Phoenix.
Canadian National Railway (CNI) reported a 2.0% YoY (year-over-year) carload traffic gain in Week 30. The railroad moved 64,000 railcars excluding intermodal units in the week, compared to 62,700 railcars in the same period of the previous year. CNI’s total combined rail freight traffic was up 1.0% YoY in Week 30, whereas the US railroad (XLI) companies posted a 3.0% YoY increase.
At the planning stage, you are a geniUs for scheduling that red-eye fligght. Instead of spending the last valuable daylight hours of your vacation wedged into aa toddler-sized airplane seat, trying to convince yourself that there are all sorts of things that makel people cough other than aterribly contagious flu, you’ll be on the beach.…
In Week 27, Canada’s largest freight rail Canadian National Railway’s (CNI) overall rail traffic was pushed by carload growth, not intermodal. It reported a 3.3% YoY (year-over-year) growth in Week 27’s carload volume, carrying ~59,800 railcars that week compared to ~58,000. Its competitor Canadian Pacific Railway (CP) posted a much higher YoY carload growth of 11.4% in Week 27. Canadian National Railway’s carload volume growth was much lower compared with 9.4% YoY gains recorded by Canadian railroads in Week 27. CNI’s gains were lower than US rail carriers’ 5.4% YoY growth that week.
Union Pacific (UNP), a major Western US railroad, reported a 6.1% YoY (year-over-year) carload traffic gain in Week 27. It hauled ~92,400 railcars excluding intermodal that week compared to ~87,100 in the same week last year. Compared to rival BNSF Railway’s (BRK.B) 8.2% YoY carload traffic gain, Union Pacific’s was lower. UNP’s carload gains were marginally higher than US railroads’ 5.4% YoY growth in the same category.
Canadian National Railway’s (CNI) carload growth was marginally behind the intermodal gains in the mid-single digits in Week 25. Canada’s largest rail freight carrier reported a 5.1% YoY (year-over-year) growth in carload traffic. That week, CNI moved ~63,000 railcars, excluding intermodal, compared to ~60,000 units. Its carload traffic gains were more than competitor Canadian Pacific Railway’s (CP) 4.4% YoY growth in Week 25. Compared to Canadian railroads’ 6.5% YoY rise in Week 25, CNI’s gains were less. But its carload traffic gains were much more than US railroads’ 2.5% YoY rise in Week ...
For the smallest US Class I railroad, Kansas City Southern (KSU), rail traffic volumes have been a mixed bag in 2018. For the past several weeks, it has reported very uneven growth in volumes. In Week 25, which ended on June 23, it registered a 7% loss in railcar volumes, excluding intermodal. Its carload volumes were ~24,600 units from ~26,500. In the 25th week, US railroads (XLI) posted a 2.5% YoY carload growth overall, which is in sharp contrast to the slump for this US-Mexico railroad.
In Week 25, which ended on June 23, Western US rail giant Union Pacific’s (UNP) carload traffic declined, in contrast to a rise reported by US railroads overall. The railroad posted a YoY (year-over-year) carload traffic loss of 1.6%. It hauled ~96,000 carloads that week compared to 97,500 the previous year. Compared to US railroads’ (XLI) 2.5% YoY growth, UNP saw a negative carload traffic change in Week 25. Its carload volumes trended in the opposite direction of rival BNSF Railway’s (BRK.B) carload traffic change.
In Week 25, Eastern US railroad Norfolk Southern’s (NSC) carload volumes rose 3.1% YoY (year-over-year), which was marginally higher than US railroad (GWR) companies’ 2.5% YoY rise. That week, it moved ~71,000 railcars, excluding intermodal units, compared to ~69,000 railcars. Norfolk Southern’s carload volume gains were double the gains in percentage terms reported by rival CSX in Week 25.
Outlook for the sector clouded by trade disagreementsLIbertas Wealth ManagementU.S. steel futures led the gains, while sugar saw the biggest losses among major commodities in the first half of 2018. Commodities’ returns have failed to live up to bullish expectations in the first half of 2018, with a key index on the verge of posting a loss. The “performance this year has been a combination of fundamental strength with geopolitical hindrance,” says Adam Koos, president of Libertas Wealth Management Group.
OTTAWA (Reuters) - Canadian producer prices rose by 1.0 percent in May from April, the fifth consecutive increase, on higher prices for energy and petroleum products, Statistics Canada said on Friday. Of the 21 major commodity groups, prices were up in 17, down in one, leaving three unchanged. The advance was the greatest since the 1.5 percent jump seen in November 2017. Energy and petroleum products prices posted a 4.0 percent gain on higher prices and increased demand for crude oil. Prices for lumber climbed by 3.1 percent on increased housing construction in the United States. ...
Canadian producer prices rose by 1.0 percent in May from April, the fifth consecutive increase, on higher prices for energy and petroleum products, Statistics Canada said on Friday. Of the 21 major commodity ...
In Week 24, which ended pm June 16, Western US railroad Union Pacific (UNP) registered 1.1% YoY (year-over-year) carload traffic gains. The company moved ~97,400 carloads in that week compared with 96,300 in Week 24 of 2017.
In Week 24, Canadian National Railway (CNI), the largest rail freight carrier in Canada, posted a 10.7% YoY (year-over-year) rise in carload traffic. In that week, the company hauled ~66,000 railcars excluding intermodal compared with 59,600 units in Week 24 of 2017.
In Week 24 of 2018, the United States’ smallest Class I railroad, Kansas City Southern (KSU), registered a small gain of 0.2% in its carload traffic. Our observation of KSU’s overall traffic pattern in 2018 suggests that the railroad is witnessing a bumpy ride.
Norfolk Southern’s (NSC) carload traffic jumped 3.2% YoY (year-over-year) in Week 24. The company hauled over 70,700 railcars, excluding intermodal traffic, in that week compared with ~68,600 railcars.
About 183,000 years ago, early humans shared the Earth with a lot of giant pandas. And not just the black-and-white, roly-poly creatures we know today, but another, previously unknown lineage of giant panda bears as well. In a paper published Monday (June 18) in Current Biology, researchers from the Chinese Academy of Sciences upend the…
In Week 23, Eastern US rail giant CSX’s (CSX) freight traffic rose slightly, by ~1% YoY (year-over-year). This year, the railroad is slowly getting back on track after weakness in 2017. In Week 23, CSX’s carload volumes grew YoY to ~69,400 units from ~68,700, less than competitor Norfolk Southern’s (NSC), which rose 2% YoY, and US railroads’ (XLI), which rose 2.8% YoY.
Kansas City Southern (KSU) is the smallest Class I railroad company in the United States. In Week 22, it reported a slight 0.84% contraction in its carload traffic. This year, the US-Mexico railroad company’s carload volume growth has had a bumpy ride. In Week 22, KSU’s carload volumes fell YoY to just over 24,200 carloads from ~24,400 carloads. In contrast, US railroad companies’ (XTN) carload volumes gained 0.2% YoY in the week.
By Allison Lampert MONTREAL (Reuters) - The Canadian province of Quebec will offer C$100 million ($77.1 million) in loans and guarantees on loans to steel and aluminum companies hit by recent U.S. tariffs, the province's economy minister said on Monday. Companies that transform the metals will benefit from the program after the United States recently slapped a 25 percent tariff on steel and a 10 percent tariff on aluminum imports. Economy Minister Dominique Anglade told reporters in Montreal that the program came after aluminum and steel companies received feedback from clients who are not willing to pay the tariffs.
Omaha-headquartered Union Pacific (UNP) is a western US railroad giant, competing with BNSF Railway (BRK.B). In Week 22, UNP’s carload traffic grew 1.8% YoY (year-over-year) to ~90,800 railcars, excluding intermodal, from ~89,200. The company’s carload traffic was marginally higher than that of rival BNSF Railway, which recorded 1.5% YoY growth. Union Pacific’s carload volume growth was much higher than the 0.22% gains recorded by US railroad companies (XTN).
The Canadian government has opted to buy a pipeline project that will more than double the oil its energy industry can send to the West Coast — and then on to new markets in Asia. The purchase comes, coincidentally, during the thick of a bitter trade dispute with the U.S., the only customer for its crude oil. By building the Trans Mountain expansion, Canada will be able to sell oil outside North America, bringing in higher prices for its oil.