The silver lining to 2016

摘要

It's a rough time of year to read about the financial outlook of railroads. The experts are using less than flattering terms, such as "dull," "laggard" and "doldrums," to describe the outlook of railroad stocks based on expected fourth quarter and total year-end reports. The culprit is coal traffic or, rather, the lack of it. Rising intermodal interest and key regulatory legislation being passed seem more like moral victories while the war for profits is not going as well as investors would like. The financial experts are warning of dreadful days ahead with reductions in employees and capital expenditures coming in 2016.