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.
Leading institutions connect with members of this Study Group through GLG
Owner
High Energy Services ![]()
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 KolstadPresident
Rail Theory Forecasts ![]()
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,...
President
RailSolutions, Inc. ![]()
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 WittCo-Director, Freight Systems Division
WASHINGTON STATE DEPARTMENT OF TRANSPORTATION ![]()
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 ShughartSenior Program Manager, Infrastructure & Environme
WORLEYPARSONS CORP ![]()
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...
Chairman & CEO
RAILROAD INDUSTRIES INC![]()
![]()
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 BanksPresident
R. L. BANKS & ASSOCIATES, INC.![]()
![]()
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...
Consultant
Alfred E Michon ![]()
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...
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...
| Study Group Name | No. Members |
|---|---|
| Rail Shipping Service Experts | 155 |
| Intermodal Railcar Experts | 61 |
| Coal Rail Shipping Experts | 48 |
| Intermodal Logistics Experts | 134 |
| Railcar Leasing Experts | 121 |
| Coal Railcar Experts in GLG Member Programs (US) | 12 |
| Rail Maintenance Service Experts | 37 |
Leading Experts in Railcar Market Experts (EU) Study Group have not participated in any upcoming seminars.
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