North American Rail Earnings Mostly Down for Third-Quarter 2015
SUGAR LAND--November 13, 2015--Researched by Industrial Info Resources (Sugar Land, Texas)--North America's rail industry saw so-so results in third-quarter 2015, as economic growth softened and shipments of items like coal continued their downward spiral. Five of six major rail carriers reported a drop in earnings from the same period in 2014. Industrial Info is tracking 257 active North American rail line projects worth $16.58 billion, and 24 active rail switching and terminal projects worth $3.21 billion.
Within this article: Third-quarter earnings results and projects for major North American railway companies, including Canadian National Railway Company (NYSE:CNI), Canadian Pacific Railway Limited (NYSE:CP), CSX Corporation (NYSE:CSX), Kansas City Southern (NYSE:KSU), Union Pacific Corporation (NYSE:UNP) and Norfolk Southern Corporation (NYSE:NSC).
