Omnitrax acquires short-line railroad Winchester & Western
Winchester & Western Railroad is being acquired by OmniTrax in a $105 million deal.
Winchester & Western Railroad is being acquired by OmniTrax in a $105 million deal.
Jim Blaze writes about the pros and cons of shippers owning or leasing their own freight railcars to move their products.
Market expert Jim Blaze writes about the movement of coal by rail. He explores the history of rail-coal; more importantly, he writes about what the future may hold for coal in the U.S. and how that will impact the railroads.
Market expert Jim Blaze explains the economics behind railcars. He also provides information about the various types of railcars and what market conditions the railroads are facing as they seek to “right-size” their fleets.
Genesee & Wyoming, Inc. (NYSE: GWR) beat fourth quarter revenue consensus estimates by $4.89 million. Revenue was expected to decrease by 0.2 percent year-over-year (Y/Y), but it increased 0.7 percent Y/Y from $571.6 million to $575.6 million, according to Seeking Alpha. GWR also beat fourth quarter consensus earnings per share (EPS) estimates of $0.89 by $0.11 to $1.00.
The Grain Transport Report, a weekly publication by the Agricultural Marketing Service (a division of the U.S. Department of Agriculture) released information showing that total export inspections for grain (corn, wheat and soybeans) declined 22 percent from the previous week.
The smartest minds on Wall Street use charting analytics to quickly identify and then track trends in multiple data sets. Why? Because it works. And now freight professionals are learning how to do the same.