Rail Traffic Sitting Comfortably Above ’11 Levels
- Posted by ToddSullivan
- on February 2nd, 2012
Total N. American rail traffic came in at 665k cars last week. Interesting was auto, which is now back to near the 2011 high levels (which would be 3 yr. highs) and has rebounded unusually hard from the Holiday lows.
The level itself remains elevated over 2011 showing more growth.
Of the carriers, ($NSC, $KSU, $BNI, $UNP, $CSX) all posted increases while $KSU’s was in % terms the largest.
Here is the chart.
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The information in this blog post represents my own opinions and does not contain a recommendation for any particular security or investment. I or my affiliates may hold positions or other interests in securities mentioned in the Blog, please see my Disclaimer page for my full disclaimer.
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Todd's investing strategy is essentially long with the rare short. He seeks to buy undervalued issues with an upcoming catalyst that will help them realized.... More »
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