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<blockquote data-quote="Sandpatch" data-source="post: 377438" data-attributes="member: 10543"><p>Yes, North American railroads have had very good earnings, despite declining coal loadings as a result of the U.S. Government's latest round of air quality regulations and reduced exports. In the last 12 Months stock performance has looked like this:</p><p></p><p>Norfolk Southern - Up 36%</p><p>CSX - Up 37%</p><p>Union Pacific - Up 56%</p><p>Canadian National - Up 26%</p><p>Canadian Pacific - Up 44%</p><p></p><p>... and these numbers don't include dividends such as those highlighted in nikonpup's news story. Throw in the latest round of merger rumors (such as that of a few weeks ago where CP was said to have made an offer to buy CSX), things are perhaps getting a bit frothy.</p></blockquote><p></p>
[QUOTE="Sandpatch, post: 377438, member: 10543"] Yes, North American railroads have had very good earnings, despite declining coal loadings as a result of the U.S. Government's latest round of air quality regulations and reduced exports. In the last 12 Months stock performance has looked like this: Norfolk Southern - Up 36% CSX - Up 37% Union Pacific - Up 56% Canadian National - Up 26% Canadian Pacific - Up 44% ... and these numbers don't include dividends such as those highlighted in nikonpup's news story. Throw in the latest round of merger rumors (such as that of a few weeks ago where CP was said to have made an offer to buy CSX), things are perhaps getting a bit frothy. [/QUOTE]
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