The Blanchard Company--Week in Review Third Quarter 1999

The Railroad Week in Review:
Third Quarter 1999

Week ending September 25, 1999
KSU and the Janus Fund; how rail stocks relate to market performance; Class I performance post-Conrail breakup -- a mixed bag; Solomon Smith Barney covers more rail stocks; lessons for Class Is in Vietnam War?; more rail performance woes mean more deserting transportation partners.
Week ending September 18, 1999
NS's Goode at the ASLRRA; Barrons on the Canadian Pacific; New Jersey rail lines and the environment; aftermath of Hurricane Floyd; rail crossing safety; rail stocks slide in jittery market; Dan McShane on the NEKM line sale.
Week ending September 11, 1999
UP upgrade; TP&W's new owner; STB and Riverdale transload; Buffalo congestion and other post-Conrail adventures; more on Market Value Added.
Week ending September 4, 1999
Market Value Added (MVA) and rail stocks; Unions on shortlines? -- Frank Wilner reports; Velocity key to UP's recovery; cultural changes at NS and CSX needed.
Week ending August 28, 1999
Possible resurgence in cyclicals good for the rails; UNP gets good ink in WSJ; Shortlines feeling financial pinch from NS service shortfalls; RAIL reports 2Q99 results; GNWR, MPO added to WIR shopping list; Financial aspects of MPO-WAB.
Week ending August 21, 1999
Investment potential of MPO, ABCR, GNWR; MPO-WAB deal on hold; ROIC applied to shortlines, class 1 roads; Conrail merger press releases don't match reality as seen in the field; The other shoe drops on KSU split.

Week ending August 14, 1999
Reading between the lines of stock analysts' reports; class 1 stocks finish the week mixed and why; Investing in rails DRIP by DRIP; PWX posts quarterly results; Scott Flower on ROIC.

Week ending August 7, 1999
Bob Dingman adds another CN line; Anacostia's NY & Atlantic in safety drill with NYPD and NYFD; Rail rolling stock trends as investment opportunities; WC and GNWR results for 2Q99; KCS reports 2Q99 earnings and stands pat on Stillwell.

Week ending July 31, 1999
More on RTEX investment potential; NS earnings for 2Q99; KCS sparks feud re split up; Randy Resor on railroad technology purchasing habits; Conflicting NS and CSX reports from the field and from the home office

Week ending July 24, 1999
Earnings Week: NSC, RTEX; KSC split in the news again; Commentary on RR's approach to technology; Further reports from the field on the Conrail deal do not necessarily support cheery reports from HQ

Week ending July 17, 1999
Earnings Week: BNI, CSX, UNP; Letter from NSC to STB re performance measures and practices; data exchange troubles hurt shortlines' post-merger results; RTEX gains Wall Street favor.

Week ending July 10, 1999
The Conrail transaction: Our Story Thus Far; KCS places $100 mm order for new power from GE; GNWR expands into Mexico; Management shakeup at WC; RailAmerica receives approval for purchase of Canada's RaiLink; More on ABCR.

Week ending July 3, 1999
RailAmerica buys Toledo, Peoria & Western Railroad for $24 mm; CNI sells 364 miles in Alberta to Texas Shortline operator North American RailNet; Emons resolves preferred stock question; WC increases stake in EWS; Rail stock performance YTD; ABC Rail outperforms vendors.

Tell Us What You Think!
The goal of this site is to help short line managers, railroad investors, and students of the industry find the tools necessary in their respective areas of interest. The beauty of this medium lies in its ability to educate and inform as it communicates. Send comments to rblanchard@aol.com