Norfolk Southern (NSC) lowers its Q3 earnings outlook due to declines in certain markets and...

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Drew Robertson Comments (233)
 
This shouldn't have been a surprise. Here's NS up to last week $NSC http://bit.ly/S5CzOa more numbers tmrw at railfax
19 Sep 2012, 04:28 PM Reply Like

TwistTie Comments (2415)
 
That's a cool tool.

You can really see the spread between the intermodal and coal.

Why is intermodal relatively strong?
19 Sep 2012, 05:07 PM Reply Like

Drew Robertson Comments (233)
 
Big diversion from truckers. No dirivers. High fuel. Better RR service. But still not enough revenue to make up for 100T coal cars. You might also like futures.transmatch.com
19 Sep 2012, 05:09 PM Reply Like

GaltMachine Comments (920)
 
Fedex, CAT, and now one of the major rails - this is looking like an earnings season that will disappoint.
19 Sep 2012, 05:20 PM Reply Like

Drew Robertson Comments (233)
 
OK but remember we only get negative warnings towards the end of the quarter.
19 Sep 2012, 07:21 PM Reply Like

grox01 Comments (342)
 
Do you think it's something for a quarter or 2... or this is a trend for the year to come?
19 Sep 2012, 05:34 PM Reply Like

dividend_growth Comments (2748)
 
Intermodal stays strong, carloads are weak => economic structure changing

Western railroads are significantly stronger as PRB coals continue being burnt and petroleum shipment grows through the roof.

BNSF carloads are up 6.8% YoY and intermodals up 3.6% in current quarter.
20 Sep 2012, 12:30 AM Reply Like

bearfund Comments (1537)
 
If only I could own BNSF. I owned it and then that bastard Buffett bought it for 2/3 of its value even though I voted against (thanks for nothing, "I recommend voting in favour of any deal" ISS). The other class I railroads are much inferior to BNSF; the best of the rest is probably Canadian National. UP has inferior routes to BNSF and shoddy maintenance; take a trip on Amtrak sometime if you want to appreciate the difference between them. When you are on UP you can count on endless slow orders and delays; BNSF you will breeze on through. Their freight moves the same way.
20 Sep 2012, 12:35 AM Reply Like

PalmDesertRat Comments (1738)
 
bot some csx today at 21.45
20 Sep 2012, 02:59 PM Reply Like

PalmDesertRat Comments (1738)
 
bot some csx today at 20.95
26 Sep 2012, 09:55 AM Reply Like