GLG News by Railcar Market Experts (EU)

    Joy Global in its earnings announcement claims the following: “Although the long-term outlook remains positive, U.S. coal continues to exhibit short-term softness. This is primarily the result of weakening demand for electricity, and compounded by the generator's increased burn...

BNSF recently thanked the trucking companies and their drivers for diverting trailer and container traffic from their highway corridors across the West to BNSF rail lines. This partnership between BNSF and the trucking industry began in 1989 with an agreement between J. B. Hunt, a Midwest Trucking company,...

    The Surface Transportation Board (STB) recently issued proposed rulemaking to move from a Discounted Cash Flow (DCF) methodology to a Capital Asset Pricing Model (CAPM) for determining revenue adequacy. Revenue adequacy is the determinant in rate cases brought by shippers--especially...

    Coal plants produce byproducts that have a beneficial use to society. The installation of air pollution controls (APC) may affect this mix of coal combustion byproducts.

    According to the Forbes article, UBS upgraded shares of Massey Energy to “Buy” from “Neutral”.  The commentary section describes the current market condition that may affect Massey.  At the moment, it is still a mixed picture.

    The Mountaintop Removal issue has been an ongoing issue for years for Appalachian surface mines.  It has been used successfully by interveners to delay, suspend, or block surface mining activities at Appalachian Mines.       The...

The attached discussion states Bank of America cut its target prices for U.S. coal equities on August 22, 2007. (Yes, not until August 22!!!!).  B of A cites coal production and inventory levels for its view. The commentary section discusses current coal production and inventory numbers...

The Surface Transportation Board (STB) in January 2007 ruled that fuel surcharges in rail transportation agreements must more accurately reflect the actual cost of the movement and not be a double-dip by including fuel-related costs also in indices utilized to adjust rates.  The STB’s decision...

U.S. coal sales and pricing have been hit the last several months as a result of much higher-than-normal coal inventories at coal-fired power plants.  One bright spot has been the increase in U.S coal exports.

    The article discusses the emissions from the top coal plants.  Sulfur dioxide is one of the emissions discussed in the article.  The article does not focus on how sulfur dioxide emissions from coal plants is approximately half of what they were in 1990 after the Clean...