The below infographic shows the development of rail transportation in the US and the rest of the world. From the inception of railroads in the 1800s to modern-day high speed rails, some of the key milestones are noted. Click to enlarge Source: Unknown (will credit once it is identified) Related: The Complete List of Railroad …
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CSX Corporation, of the major US railroads has announced a stocks split in the ratio of 3:1. This move follows Canadian Railroad Canadian Pacific’s (CP) stock split last month. When the news release came out on Friday, CSX closed at $99.62 and the 52-week high was $104.87. Below is an excerpt from the announcement: JACKSONVILLE, Fla., …
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One of the best sectors to invest for the long-term is the North American railroad sector. Railroad stocks offer many unique advantages over stocks from other sectors. For instance, the industry is dominated by a handful of companies effectively making it an oligopoly. Moreover for many shippers or locations, railroad companies are a monopoly. I …
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A cool video from Norfolk Southern Railroad (NSC). As one of the major Class I railroads in the US, Norfolk Southern owns a vast network in the country and covers many states of the heartland as well. Source: Norfolk Southern Disclosure: Long NSC