GLG News by Rail Car Leasing Experts
Articles with lock require a subscription to GLG News |
Request a free trial
November 25, 2008Railroad traffic is falling like a rock; will railroad revenue soon follow?
Analysis of: Weekly US rail shipments tumble 9.1 percent | biz.yahoo.com
Author: Toby Kolstad, President, Rail Theory Forecasts
The AAR reported on Nov. 20th that the carload shipments for the previous week were 9.1% lower than the same period in 2007. This was the sixth straight week of decreasing carload totals, with traffic volumes falling to levels not seen in many years for non-holiday periods. What makes these numbers...
November 17, 2008Railroad coal traffic will suffer as new coal plants are idled by new CO2 rules
Analysis of: Coal Power Plants May Have to Clean Up Their Act | www.usatoday.com
Author: Toby Kolstad, President, Rail Theory Forecasts
An EPA Appeals Board has reversed an earlier EPA ruling permitting the
construction of a new coal fired power plant in Vernal Utah. The latter had
been issued without regard for the additional CO2 emissions the plant would added
to the environment. The ruling was hailed as a victory by...
November 14, 2008Watch out for the red coming to the Greenbrier Companies
Analysis of: Greenbrier Stays In The Green | www.forbes.com
Author: Toby Kolstad, President, Rail Theory Forecasts
Greenbrier reported that their backlog for production in 2009 is less than half the number of cars they delivered in 2008 and that they may not make a profit on some of those cars due to higher than expected material costs. And that was the good news. The bad news is that much of their backlog is to...
November 7, 2008AAR welcomes its executioner
Analysis of: Rails Welcome Obama Presidency | www.aar.org
Author: Toby Kolstad, President, Rail Theory Forecasts
As lobbyists go, the American Association of Railroads (AAR) has to get the award for chutzpah in giving such a warm welcome to the new president. Like all bureaucrats and most elected officials, Mr. Obama seems to think of rail transportation primarily as a passenger service, although he has noted...
October 28, 2008Clean air may blow away more railroad coal traffic than clean air rules
Analysis of: CSX chief says coal is under attack | www.topix.net
Author: Toby Kolstad, President, Rail Theory Forecasts
CSX Chairman Michael Ward recently remarked on the growing opposition to coal fired utilities in the country, saying that limiting coal’s use for electricity "is probably one of the stupidest things you could do." For CSX and the other railroads, it would be a bad thing if the electric utilities turned...
October 23, 2008Wabtec poised to help railroads and commuter lines with crash avoidance system
Analysis of: BNSF Ready to Implement Positive Train Control | www.marketwire.com
Author: Toby Kolstad, President, Rail Theory Forecasts
BNSF railroad recently announced that the company would install Positive Train Control (PTC) technology across its entire system by Dec. 31, 2015 and in the Los Angeles basin by 2012. BNSF had been given approval by the Federal Railroad Administration to install the Electronic Train Management System...
October 8, 2008Railcar deliveries will fall again in 2009 by a significant amount
Analysis of: Rail equipment shares fall as KeyBanc lowers estimates and outlook for deliveries | biz.yahoo.com
Author: Toby Kolstad, President, Rail Theory Forecasts
The stock prices of all railcar builders declined after a recent prediction by a KeyBank analyst that railcar deliveries will fall in 2009. He estimated that deliveries in 2009 would fall to around 37,000 cars from the 45,000 to 50,000 cars expected this year. It is hard to argue with this forecast...
October 7, 2008Freight rate increases have been only story for NS profits in 2008
Analysis of: US freight lines carrying a lighter burden | us.ft.com
Author: Toby Kolstad, President, Rail Theory Forecasts
In every story about railroad traffic and railroad profits in this, and indeed in all of the last few years, commentators have used revenue growth as a surrogate for traffic increases, neglecting to inform the reader that traffic levels have been uncharacteristically stagnant in the recent economic...
September 19, 2008Wabtec (WAB) continues to grow
Analysis of: Wabtec to acquire Chicago rail supplier for $300M | pittsburgh.bizjournals.com
Author: Toby Kolstad, President, Rail Theory Forecasts
Standard Car
Truck will be a great addition to the Wabtec family of companies. There is no
overlap in product lines and most of the products offered by Standard will
compliment those already made at Wabtec. Moreover, there are potential
synergies that may enable the company to grow organically...
September 16, 2008It’s not just falling fuel prices that are driving railroad profits
Analysis of: Analyst sees short-term leap for 2 biggest rails | biz.yahoo.com
Author: Toby Kolstad, President, Rail Theory Forecasts
On September 10, an analyst at USB thought that the two major western railroads would do well in the second half of 2008, the day before CSX upgraded its earnings estimates for its third quarter from around $3.55 to $3.70. USB had also upgraded Norfolk Southern to a BUY on September 10. Most analysts...
Page : 1 2 3 4 5 6 7 8 9 10 Next1 to 10 of 110
More GLG News in
Financial & Business Services
Most Popular:
Source Article | Expert Analyses
Foreclosure rates up 25 percent year-over-year
www.builderonline.com
Due diligence, recession style
venturebeat.com
Dubai, Mumbai & Hong Kong - Real Estate & Resort Markets
Listed Derivatives Boosted by Need for Transparency
www.efinancialnews.com
MUFG to Sell 600 Billion Yen in Shares This Year, Nikkei Says
www.bloomberg.com
Mortgage/Financial Industry Due Diligence Alert
November 28, 2008
Around the World in 8 Days - first hand look at the credit crisis on real estate
November 28, 2008
The Course of Monetary Policy:Irrelavent and Unstable due to "Policy Shifts"!
November 24, 2008
Foreclosures to get worse before it gets better if banks don't wise up
November 24, 2008
Should the Government Help Homeowners?
November 18, 2008