Railroad Week in Review:
Public Archives, Fourth Quarter 2001
is e-mailed to subscribing rail professionals every weekend. Effective
January 1, 2001, the newsletter is mailed to paying subscribers only and
will not be added to the public archives until six to nine months after
the issue date.
ending December 30
UP earnings warning -- 87 to 90 cents a share, down
from the consensus 93 cents; Rail stock winners and losers for 2000;
RAIL makes further progress in debt reduction; WIR goes to paid format
effective Jan 1, 2001.
ending December 23
NS earnings warning for 4Q00 -- 5 cents to a dime a
share vs. the consensus estimate of 20 cents; CSXT emergency teams save
the day at hazmat derailment in Philadelphia; Some thoughts on why real
rail freight rates have fallen; Short interest decline for most rail
ending December 17
Mike Haverty will takes reins as Chairman of KCS; RAIL,
CSX in consortium to run Estonian railway; StatesRail names Dan Lovelady
VP and Chief Operating Office effective January 1; Federal Railroad
Administrator Jolene M. Molitoris to leave office Dec. 31; GNWR November
2000 carloads off 5% in North America and up nearly two-fold in Australia;
further dispatches from the front on the battle over control of Wisconsin
Central -- possible freight fallout in the UK. Extra: Report from London.
ending December 9
Report on CSXT shortline meeting; Further progress in web-based rate
quotes; review of EMON Annual Report; BNSF's FreightWise debuts successfully.
ending December 2
Why some rail stocks may offer attractive alternatives to dot-coms for
appreciation; Economic harbingers for 2001; WC mulls selling off individual
pieces; EWS wins grant to build access to Bristol port; Mike Ward named
President of CSXT, other positive signs; NS announces another buyout.
Shortline Extra: Outlook for
shortlines and why some will fail in 2001.
ending November 25 (Thanksgiving Extra)
Ranking the rails stock price appreciation potentials for 2001; CPR
ending November 18
RailAmerica completes final phase of $100 mm program to sell off non-core
assets and reduce debt; Further details on WCLX palace coup, including
names of Burkhardt Group subscribers; GNWR October carloads; BNSF a
ending November 11
Rails retain their cool while market slips badly; Terrible equipment
utilization as one of the chief causes of congestion; GNWR completes
Bolivian transaction; RailAmerica wins a slot on the Forbes 200 Best
Small Companies List; WCLX downgraded; Texas DOT acquires shortline
to save it from extinction
ending November 4
Valuing KCS -- stock multiples vs. sum of the parts; Wisconsin Central's
story is one fraught with challenges; GNWR conference call was predominantly
good news; Notes from the BNSF shortline meeting in Fort Worth.
ending October 28
BNSF, CN, CP, NS, CSX report quarterly earnings. Common thread: fuel
costs way up, earnings improve nonetheless on better revenues and asset
ending October 21
CP shortline meeting gets high marks; UP takes quarterly earnings to
Wall Street -- looking better fore than aft; Class 1s say "Paper Barriers"
not a major concern; CN chides US rails on cross-border process.
ending October 14
Ann Thoma's report on the EWS; US rails concerned about impact of high
levels of grain storage on equipment availability; St Joe spins off
Florida East Coast; Two Oregon shortlines team up with UP to speed interchange
and car forwarding; More fallout from STB's proposed merger rules.
ending October 7
Synopsis of STB's proposed merger rules; Stock market reacts -- sort
of; RailAmerica announces more line sales.
for Jul - Sep 2000
for Apr - Jun 2000
for Jan - Mar 2000
for Oct - Dec 1999
for Jul - Sep 1999
for Apr - Jun 1999
for Jan - Mar 1999
for Oct - Dec 1998
for Jul - Sep 1998
for Apr - Jun 1998
for Jan - Mar 1998
for April - Dec 1997
for Dec 1996 - Mar 1997