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The Rails Reveal U.S. Economy Is Not So Healthy
2015-08-26 11:19:15| Railroads - Topix.net
We're huge fans of the 'moaty' characteristics of railroad operators, but a glimpse into their second-quarter performance revealed a US economy that is not as healthy as we would like. In Union Pacific's second quarter, coal volumes dropped 26%, industrial product volumes fell 13%, while agricultural product volumes waned 7%.
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Category:Transportation and Logistics
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