The first-quarter 2021 earnings season for the Class I railroads is over. An optimistic volume outlook, especially for the second half of 2021, plans to improve operational efficiency and take market share away from trucks, and a proposed Class I Canadian railway merger with Kansas City Southern (NYSE: KSU) were among the key themes expressed by railroad executives.
“The underlying message is there are expectations that the efficiency improvements are going to continue and they’ll be able to...
https://www.freightwaves.com/news/5-takeaways-from-class-i-railroads-earnings-season