courtesy: David Clow
Inside This Issue
· Down the Wrong Track: Industry Margins Worsen Again in 2023
· Growth Grief: Will 2024 be Another Year of Shrinking RR Traffic?
· Canadian Goosed: Things are Increasingly Looking Up for CN
· Southern Fried Margins: NS Now the Industry’s Sick Man
· Vaxxed Against the Box Pox: UP and CSX Less Exposed to IM Ills
· Domestic Disturbance: Coal Demand Weak from Utilities, Strong from Overseas
· GDP Glee: More Signs of a Strong U.S. Economy; Fed Meets this Week
· Wretched Memories: NS to Mark One Year Since East Palestine Accident
Track Talk
“I’ve heard many characterize last year as maybe the worst trucking market they’ve seen in the last 40 years. So, I think there’s a lot of hope that we’re at the bottom or have reached the bottom.”
- CSX chief commercial officer Kevin Boone, expressing hope that as trucking prices rise, so will the railroad’s ability to attract more intermodal rail business
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