Railroad companies are excellent companies to monitor for market watchers. The results are not to surprising given recent quarterly earning calls. It is good to see grain up if only slightly as well as chemicals. Oil down in expected with the decline in drilling. Coal continues to slide because of regulation and international demand. Intermodal was down which means imports are down...
My boy works on a Utah railroad and reports that coal shipments down 50%. The only thing keeping them afloat is the chemicals, and, surprisingly copper ore.