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U.S., Canadian Railways Brace for Second-Quarter 2016 Earnings Results

U.S., Canadian Railways Brace for Second-Quarter 2016 Earnings Results

SUGAR LAND--June 23, 2016--Researched by Industrial Info Resources (Sugar Land, Texas)--If two recent press releases can serve as a harbinger of things to come, then the U.S. and Canadian freight railroads are likely to cite yet another drop in revenue in the upcoming round of corporate earnings reports. Within this article: Describes several large U.S. freight railway projects. Additional companies: Canadian Pacific Railway Limited (NYSE:CP), Canadian National Railway Company (CN) (NYSE:CNI), Union Pacific Corporation (NYSE:UNP), CSX Corporation (NASDAQ:CSX)