North American railroad stocks are on a tear. The railroad industry is dominated by a handful of Class I railroads that share the most of the freight traffic in the continent. Some of the factors the growth of railroad companies in the past few years include the shale oil boom in the U.S., limited pipeline …
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Six of the major railroad companies that operate in North America currently are publicly-listed. These Class I freight railroads are: 1.Company: Canadian National Railway Co (CNI) Current Dividend Yield: 1.68% Country: Canada 2.Company: Canadian Pacific Railway Ltd (CP) Current Dividend Yield: Country: Canada 3.Company: CSX Corp (CSX) Current Dividend Yield: 2.78% Country: USA 4.Company: Kansas City Southern …
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Summary of U.S. Rail Freight Traffic for the Week Ending June 20,2009: Click to Enlarge Image Source: Weekly Railfax Rail Carloading Report, Railfax The number of autos carried by the railroads is still at worse levels. Forest products sector is also heavily affected since that is tied to the construction industry. Every commodity group traffic …
Railroad stocks have held up well in this volatile market. Major US railroads like Burlington Northern Santa Fe Corp (BNI), Norfolk Southern(NSC), CSX Corp (CSX), Union Pacific Corp (UNP) reported strong second quarter numbers and they seem to have provided shelter to investors fleeing the battered financial stocks. While fuel prices increased for many months, …
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In this post lets review the 5 year performance of the top railroad stocks of Canada and the US.Our primary goal here is to analyze which company did the best in terms of stock returns. We will also see if the two Canadian railroads offered higher returns than their US peers or vice versa. There …
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