Railway traffic strong in September


The Association of American Railroads reports total U.S. rail traffic rose 4.4% in September

The most important takeaway from the monthly report was that rail traffic excluding coal and grain rose 4.9% to mark the best monthly performance by the category since December 2012.

While economists use railroad traffic trends to makes assessments on the broader economy, investors in railroad stock will hope the trend can survive the government shutdown and debt ceiling debate.

Related stocks: ARII, UNP, GBX, CP, CNI, CNI, GWR, KSU, NSC.

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Comments (3)
  • cdjagds
    , contributor
    Comments (19) | Send Message
     
    You said 'excluding coal and grain' how about oil rail transport which has I think grown exponentially!
    Does not that skewed seriously these 'beautiful' numbers?
    4 Oct 2013, 12:23 PM Reply Like
  • Nitin B. Sharma
    , contributor
    Comments (216) | Send Message
     
    good point. also UP announced Q3 will be lower, due to coal and floods.

     

    http://bit.ly/15MJQjt
    4 Oct 2013, 12:41 PM Reply Like
  • brianhutch
    , contributor
    Comments (331) | Send Message
     
    How much intelligence is there among speculators ?
    Rail road traffic is up 4.9% ,presumably that is year over year .
    If that is the case does a 4.9% rise in traffic now justify the gain in KSU for example of 49% from this time last year ?.
    That is even more questionable when investors who do their homework find that KSU stock is selling at a ridiculous 5.3 times sales and has balance sheet problems because of over optimistic expansion plans .
    Cash on hand at end of Q2 a gigantic $30M or just 27c per share .
    Also check out on yahoo finance the negative free cash flow .
    My advice get out before KSU follows UNP downwards and fast
    4 Oct 2013, 02:42 PM Reply Like
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