Railroad Week in Review:
First Quarter 2006
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of the Railroad Marketer. A primer on mix. The lessons to be learned
from the One Train Railroad (OTRR). RailAmerica sells Colorado RR to
Permian Basin Group. Comments on how to get into the shortline business.
One man's shortline outlook for 2006.
MWARS meets in Chicago. RMI gains new subscribers, WIR cites
new needs. Incremental pricing redux. More on getting into the shortline
business. RailConnect Week 52 and CY 2006 shortline car counts.
UP kicks off Earnings Season with a great story. Koraleski positively
bubbles with enthusiasm. GWR leads, RRA lags RMI year-year end shortline
car counts from RMI. Steve Friedland weighs in on the matter of shortline
and Class I interchange car counts. WNYP extension bodes well for
Earnings summaries for BNSF, CSX, CN and NS. Charts comparing
financial and operating results.
for CP, KCS. Jim Cramer touts Trinity Industries for their rail car
business. Barron's On-Line says companies that extract stuff from the
ground and do something useful with it are on a roll. Jim Valentine
on the impact of the threatened closure of WV coal mines will affect
CSX and NS.
Watco signs on with Greenbrier Mgt Services for back office tasks.
CN buys three Alberta rail lines from RRA. Class I 2005 revenues up
13% yoy on 2% more revenue units. RRA issues cautious guidance for 2006.
discourse on diesel fuel price outlooks and the link with railroad fuel
surcharges. RailAmerica and GWR earnings reports and outlooks encouraging.
Beginning a thread on how shortlines manage car movements on their own
CSX hosts another highly successful Short Line Workshop as more than
200 souls from shortlines and CSX gather in Jax. Forest Products out
of the Woods for 2006? Two shortlines, a shipper and BNSF mix it up
in Lubbock, creating an opportunity to put the RIWG to work again. GWR
and RRA Jan revenue units.
Further feedback from the CSX Short Line Workshop. Trends in Class I
railroad stock prices. A brief survey of the four publicly-traded car
builders' financials, stock prices and outlook. Comparing car-counting
methodology at RMI and Railinc.
Letter from AAR President Ed Hamberger on what faces the industry and
what you can do to help. Del Monte downgraded and implications for rails.
Survey of recent trends for car builders. The relationships between
and among double-digit Class I revenue, middling volume increase, and
much faster expense increases. Fuel futures? Continuing the thread about
shortline car counts. AAR revenue units YTD tell us something about
the boxcar market.
UP ups estimates, stock gaps up, pulls everybody else up too. Week 10
carloads great for IM, not so great for merch carloads. GWR stock splits
3:2 providing a split-adjusted double since last May. Feb carloads up
21% with acquisitions, same-store off a point. RRA Feb carloads slip
2.8% with acquisitions, same-store off 1.2%. RMI RailConnect shortline
carload index up 2% for Feb.Livonia
Avon & Lakeville wins a biggie, DM&E gets lots of good ink in
March 2006 Fortune magazine. FreghtCar America gaps up with rails.
A discourse on paper barriers. See where you come out and let me know.
MMA names John Schultz VP Transportation. Larry the K takes the other
side of the DM&E story.
BNSF has double-tracked all but 53 miles of the ex-ATSF transcon. Beginning
a series on how serious BNSF is about velocity. A railroad investment
professional says the industry can do better promoting its positives.
More on paper barriers. Another shortline success story.