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Stock Market & Financial Investment News

News Breaks
January 9, 2013
10:45 EDTUNP, CP, CSX, KSU, GWR, RA, NSC, CNIMississippi River may soon be too shallow for barges, NPR reports
The Mississippi River will likely be kept open through the end of this month, but parts of it may soon be too shallow for barges, NPR quoted the Army Corps of Engineers as saying. Reference Link
News For CSX;CNI;GWR;CP;NSC;KSU;UNP;RA From The Last 14 Days
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June 18, 2013
07:19 EDTCSXEyefortransport to hold a summit
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June 12, 2013
07:25 EDTCSXDeutsche Bank to host a conference
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06:33 EDTGWRGenesee & Wyoming reports May traffic 167,527 carloads
G&W’s traffic in May 2013 was 167,527 carloads, an increase of 88,991 carloads, or 113.3%, compared to G&W’s traffic in May 2012, and an increase of 15,166 carloads, or 10.0%, compared to total May 2012 carloads pro forma for the RA acquisition. G&W’s traffic in 2Q13 through May was 325,222 carloads, an increase of 169,060 carloads, or 108.3%, compared to G&W’s traffic in 2Q12 through May, and an increase of 25,914 carloads, or 8.7%, compared to total 2Q12 through May carloads pro forma for the RA acquisition.
June 11, 2013
15:34 EDTCSXCSX CFO sees expansion in intermodal markets will help drive growth
Expansion in domestic and international intermodal markets will help to drive continued long-term profitable growth at CSX, the company's CFOFredrik Eliasson told analysts today at the 2013 Cowen and Company 6th Annual Global Transportation Conference in New York. "Our network serves nearly two-thirds of the nation's population and is well-positioned to capture a significant share of the domestic intermodal market opportunity, estimated at about 9 million total loads in the eastern United States," Eliasson said. "Investments in expanded capacity will help convert this long-run opportunity, building on about 30 percent growth in our intermodal business over the last three years."
07:35 EDTKSU, GWR, UNP, CSX, CPCowen to host a conference
Global Transportation Conference is being held in New York on June 11.
June 5, 2013
08:12 EDTCNICanadian National orders four LNG tenders from Westport
Westport Innovations (WPRT) announced the launch of a liquefied natural gas tender product solution with an order for four tenders from Canadian National Railway (CNI). The first tender to supply fuel to an adjacent natural-gas powered locomotive will be delivered in Q4.

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