Railroad industry
Article Abstract:
Mergers are dramatically changing the US rail transportation landscape. Three mergers have been completed since Jun 1996, and CSX and Norfolk Southern are battling to acquire Conrail. Union Pacific's merger with Southern Pacific has resulted in the country's largest railroad. Railroad industry stocks, as a group, are likely to outperform the overall stock market in 1997.
Publication Name: The Value Line Investment Survey (Part 3 - Ratings & Reports)
Subject: Business, general
ISSN: 0042-2401
Year: 1996
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Railroad industry
Article Abstract:
The railroad industry's stocks are expected to rise with the economy during the last years of the 1990s. The Union Pacific-Southern Pacific merger will probably be the last big railroad consolidation of 1996. Analysts predict that grain loadings will fall and intermodal traffic will increase. Joint ventures with Mexican rail lines may require extensive maintenance work.
Publication Name: The Value Line Investment Survey (Part 3 - Ratings & Reports)
Subject: Business, general
ISSN: 0042-2401
Year: 1996
User Contributions:
Comment about this article or add new information about this topic: