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Railroads Steam Toward Big Gains
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Analysts expect double digit 2015 earnings per share growth for most U.S. railroads in 2015. Some shift to trucks is expected with 20% decline in diesel prices. Shipments of coal will decline as power plants shift to lower priced natural gas from coal. The lower shipment of crude is only a small part of railroad business and is not likely to affect the industry.
The impact on the U.S. railroad industry of lower oil prices in 2015
01/14/2015
The railroad industry will continue to do well in 2015 because crude oil transport is only a small part of their business. The effect of a shift to natural gas from coal for some utilities, and the shift of some shipping to truck with a 20% drop in diesel prices, will have some impact. Overall railroads expect to show strong earnings with the growth in the U.S. economy.
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Railroads Steam Toward Big Gains
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