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Railroads to fight oil train rules as another train derails and explodes

2015-05-07 17:38:46| Railroads - Topix.net

ALBANY, N.Y. - The Wall Street Journal reported this morning that the railroad industry plans to challenge new federal rules governing oil train safety that were released last Friday. Charles W. 'Wick' Moorman, CEO of Norfolk Southern, said a new regulation requiring electronic pneumatic brakes caught the industry by surprise.

Tags: rules oil fight train

 

General Motors Company (GM), Railroads Among Chip Paquelet's Skylands Capital's Top Q2 Plays

2015-05-05 03:27:03| Railroads - Topix.net

Charles Paquelet 's Skylands Capital has filed its latest 13F with the SEC and for those not in the know concerning Skylands' investment strategy, the limited movement at the top of the fund's equity portfolio makes it clear that it has a long-term focus with many of its top picks. Indeed, Skylands puts great emphasis on getting to know the management teams of the companies it invests in, given that it is looking for stable long-term growth and wise deployment of capital.

Tags: top general company plays

 
 

Railroads top trucking's lobbying efforts

2015-04-24 19:53:31| Trucking - Topix.net

In the last two years, the trucking industry has spent over $3.4 million on lobbying, according to data from a analysis of federal lobbying disclosures. At quick glance, that looks small compared to the $7.4 million that the railroad industry has spent on lobbyists to promote its special interests during the same time period October 2012 through September 2014.

Tags: top efforts lobbying railroads

 

Railroads facing earnings pressure in 2015

2015-04-20 19:14:04| Railroads - Topix.net

Even before Jacksonville-based CSX Corp. lowered its earnings expectations for this year, investors last week were already seeing warning signs that 2015 could be a tough year for the railroad industry. After reporting first-quarter earnings per share growth of 13 percent, CSX on Wednesday said it would likely not achieve its goal of double-digit earnings growth for the full year, due in large part to reduced volume of coal shipments on the railroad.

Tags: pressure facing earnings railroads

 

Tuesday Sector Laggards: Railroads, Packaging & Containers

2015-04-15 02:12:33| Railroads - Topix.net

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Tags: tuesday sector packaging containers

 

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