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Study Group: Railcar Market Experts (EU)

Council Members in this Study Group: 70

This study group may include experts knowledgeable on topics such as aerospace & defense, building materials, chemicals, construction, oil & gas, timber & forest products, utilities & power generation, mining, agriculture, industrial equipment and transportation, among others.

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Leading Experts in this Study Group

Thomas Shewski

Owner
High Energy Services
What is a GLG Leader?|GLG Leaders are a separate tier of Council Members with a Council Rank in the top 5%. These GLG Member Program participants are eligible for ongoing, in-depth consultative relationships with GLG clients.

Thomas Shewski is the Owner of High Energy Services, a firm providing fuel, transportation, emissions, and power plant services to existing and proposed generating plants. Mr. Shewski is currently involved in buying fuel, transportation, and emissions allowances for several generating units acrossthe...

Toby Kolstad, President, Rail Theory ForecastsToby Kolstad

President
Rail Theory Forecasts
What is a GLG Leader?|GLG Leaders are a separate tier of Council Members with a Council Rank in the top 5%. These GLG Member Program participants are eligible for ongoing, in-depth consultative relationships with GLG clients.

Toby Kolstad is President of Rail Theory Forecasts, a firm providing consulting and forecasting services in North American rail freight traffic and railcar demand. Mr. Kolstad has more than 35 years of experience in the railroad industry. He also has experience in managing railroad operations. Prior,...

James Husband

President
RailSolutions, Inc.
What is a GLG Leader?|GLG Leaders are a separate tier of Council Members with a Council Rank in the top 5%. These GLG Member Program participants are eligible for ongoing, in-depth consultative relationships with GLG clients.

James Husband is President of RailSolutions, a railroad equipment consulting firm that provides a broad variety of technical and advisory services to financial institutions, railroads, shippers and fleet operators. Its services include railroad equipment valuations and appraisals, railcar and locomotive...

Scott Witt, Co-Director, Freight Systems Division, WASHINGTON STATE DEPARTMENT OF TRANSPORTATIONScott Witt

Co-Director, Freight Systems Division
WASHINGTON STATE DEPARTMENT OF TRANSPORTATION
What is a GLG Leader?|GLG Leaders are a separate tier of Council Members with a Council Rank in the top 5%. These GLG Member Program participants are eligible for ongoing, in-depth consultative relationships with GLG clients.

Scott Witt is the Co Director of Freight Systems Division at Washington State Department of Transportation. Previously, Mr. Witt was a State Rail and Marine Director at Washington State Department of Transportation. He is currently heavily involved in the high speed rail ARRA stimulus projects. Mr....

Larry Shughart, Senior Program Manager, Infrastructure & Environme, WORLEYPARSONS CORPLarry Shughart

Senior Program Manager, Infrastructure & Environme
WORLEYPARSONS CORP
What is a GLG Leader?|GLG Leaders are a separate tier of Council Members with a Council Rank in the top 5%. These GLG Member Program participants are eligible for ongoing, in-depth consultative relationships with GLG clients.

Larry Shughart is Senior Program Manager Infrastructure and Environment at Worley Parsons, a global engineering and consulting firm focussed on the transportation, mining, and energy sectors. Mr. Shughart is responsible for conducting economic analysis, managing network operations, coordinating engineering...

Gary Hunter

Chairman & CEO
RAILROAD INDUSTRIES INC
What is a GLG Leader?|GLG Leaders are a separate tier of Council Members with a Council Rank in the top 5%. These GLG Member Program participants are eligible for ongoing, in-depth consultative relationships with GLG clients.What is a Premium Council Partner?|Premium Council Partners are leading Professional Service Firms that work exclusively with GLG.

Gary Hunter is the Chairman and Chief Executive Officer of Railroad Industries, a firm providing consulting services in the rail transportation industry. Mr. Hunter has more than 33 years of experience in rail operations, marketing and finance, as well as planning equipment utilization, branch line,...

Charles Banks, President, R. L. BANKS & ASSOCIATES, INC.Charles Banks

President
R. L. BANKS & ASSOCIATES, INC.
What is a GLG Scholar?|GLG Scholar denotes Council Members with a CouncilRank(SM) in the top 20%.What is a Premium Council Partner?|Premium Council Partners are leading Professional Service Firms that work exclusively with GLG.

Charles Banks is the President of R.L. Banks & Associates; a consulting firm providing railroad transportation economic, financial, engineering track structure, operations, capacity, traffic, cost, and equipment counsel. Mr. Banks has more than 28 years of experience in such matters. Previously, he...

Alfred Michon

Consultant
Alfred E Michon
What is a GLG Leader?|GLG Leaders are a separate tier of Council Members with a Council Rank in the top 5%. These GLG Member Program participants are eligible for ongoing, in-depth consultative relationships with GLG clients.

Alfred (Ted) Michon is an independent transportation consultant specializing in railroads. He is currently a senior consultant to Cape Cod Central and MassCoastal Railroads. Prior, Mr. Michon was the President of Colorado & Southern, Fort Worth & Denver, and Bangor & Aroostook. He has played an active...

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GLG NewsSM Analyses by this Study Group's Leading Experts (?)

Opinions and analyses expressed in GLG News are solely those of the author. See the Terms of Use for details.

Mr. Buffet, buying a real railroad is not like in the board game.

November 6, 2009

Toby Kolstad, President, Rail Theory Forecasts

Buffett: Railroad business is 'in tune with the future' | www.usatoday.com

Hardly anyone can resist the temptation to by a railroad in the game of “Monopoly.” They are reasonably priced, have OK earnings potential, and if all four are owned, they have outsized rental rates and the payment rates with sites on all four sides of the board. In real life however, railroads are...

Freightcar America has a strong balance sheet; but that’s all!

October 3, 2009

Toby Kolstad, President, Rail Theory Forecasts

FreightCar America: A Long-Term Bargain Today | stocks.investopedia.com

Freightcar America is a fine company with an old pedigree and a reputation for producing some of the best coal cars in America. Although the company has no debt, it also has few prospects for growth, since it seems that almost everyone, want to decrease coal usage in the future. While it has designs...

Continued Rise in rail traffic is far from certain

September 28, 2009

Toby Kolstad, President, Rail Theory Forecasts

Back On Track? | finance.yahoo.com

The weekly AAR railroad traffic report is an excellent real-time indicator of the health of the economy. Unfortunately, the volume changes, even when measured over many weeks, are generally so small that they are dismissed by most observers. Moreover, the freight rate increases pushed by the railroads...

NS is tooting is own horn too loudly on fuel efficiency!

September 16, 2009

Toby Kolstad, President, Rail Theory Forecasts

Norfolk Southern's Sustainability Report Highlights Carbon Footprint, Improved Fuel Economy | finance.yahoo.com

Norfolk Southern rightly claims that it has increased it fuel efficiency by 10% during the past ten years; but that achievement is less than half of what the other major carriers in the U.S. have achieved during the same period. The BNSF has notched a 24% gain, the UP has made a 23% improvement, and...

If rail volumes are up by 8%, why are earnings forecasts up 20%?

September 15, 2009

Toby Kolstad, President, Rail Theory Forecasts

The planes, trains and automobiles rally | money.cnn.com

Freight transportation volumes and freight company earnings have always been a good indicator of how the overall economy is doing, and the current transport trends appear to be support the conclusion that the economy has stopped contracting and is now expanding. However, with rail traffic up only between...

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Members in this Study Group include these company types:

  • Consulting Firm (ei)
  • Financial Services Company (ei)
  • Electric Generation Company (ei)
  • Long Haul Railroad (ei)
  • Rail Equipment Manufacturer (ei)
  • Short Line Railroad (ei)

Members in this Study Group often have these job titles:

  • President
  • Principal
  • Consultant
  • Sales
  • Account Manager

GLG Live Meetings with this Study Group's Leading Experts (?)

Upcoming Seminars

Leading Experts in Railcar Market Experts (EU) Study Group have not participated in any upcoming seminars.

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GLG Webcasts

GLGi: Rail Industry Forecast

October 2, 2007

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