The
Railroad Week in Review:
Fourth Quarter 2019
Current
Issues. Available in Adobe Acrobat format only. You will need the free Adobe
Acrobat reader.
[No Week in Review December 27]
Week ending December 20
The 45G tax credit deal appears to be reached; the bill still has to make its way through further legislative steps but ASLRRA’s Baker seems confident. New "RRIF Express” program expedites long-term, low-cost loans for short lines and regionals. Union Pacific completes mandated PTC installation; why PTC is an adjunct to PSR. UP streamlines marketing and sales around car type and service design more than strict SCCs.
Week ending December 13
PSR and how it relates to the railroad business in general; how PSR creates a railroad product better suited to customer supply-chain needs. Celedon trucking declares bankruptcy; a sign of the times as companies to minimize inventories, make smaller and more frequent shipments, and use less long-haul freight. Sorting out the AAR Chemicals and Petroleum Products commodity breakouts in their carload data.
Week ending December 6
A worrying crop report for railroads in the northern plains. Oliver Wyman’s Rod Case says merchandise carloads could be the canary in the railroads’ coal mine. Union Pacific customers realize benefits from PSR; a cautionary note for short lines on locomotive fleet management. The danger of share prices growing faster than earnings.
No Week in Review November 29
Week ending November 22
Chart showing CSX and NS rates of change for STCC 262 revenue units and revenue per unit over time; some conclusions. Shortline operator R. J. Corman Railroad Company wins three of the five ASLRRA 2018 outstanding safety performance awards; thumbnails of their short lines. RailTrends 2019 observations and conclusions. Canadian Pacific buying the 481-mile Central Maine & Quebec Railway (“CMQ") from Fortress.
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