The railroad sector is one of the best sectors in the US equity market to invest in for steady and long-term growth. Railroad stocks tend to perform much better than other freight transportation stocks like those in the trucking industry for example. Trucking industry is highly fragmented and go through periods of booms and busts. …
Continue reading ‘Railroad Stocks Offer Steady And Long-Term Growth’ »
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 …
Continue reading ‘U.S. vs. Rest of the World in Rail Transportation Development: Infographic’ »
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., …
Continue reading ‘CSX Corporation: Upcoming 3-for-1 Stock Split’ »