Above are four of the largest publicly traded pure-railroad companies in the United States-- Union
Pacific (NYSE: UNP) in dark
blue, CSX (NYSE: CSX) in purple, Norfolk
Southern (NYSE: NSC) in light
blue, and Kansas City Southern (NYSE: KSU) in gold.
Warren
Buffett’s Railroad : In 2007, Buffett started buying up
railroads such as Norfolk Southern Corp (NYSE: NSC) and Union Pacific
Corporation (NYSE: UNP). And now he’s building his largest railroad
position - Burlington Northern (NYSE: BNI)
Video above: Fri, Dec 11, 2015
"There hasn’t been a major railroad merger in North America since 1999.
But yesterday Matt Rose, executive chairman at Burlington Northern Santa
Fe, warned that North American railroads could face a wave of mergers if
regulators approve CP’s efforts to take over Norfolk Southern. Jason
Seidl, Transportation Analyst and Managing director at Cowen and
Company, discusses possible targets and suitors."
Video above: Proof that American railroads are robust investment opportunities.
Leaders and Legends - Wick Moorman at
Johns Hopkins
Johns Hopkins Carey Business School, Leaders and Legends
Lecture Series,
April 16, 2009: Wick Moorman - Chairman, President and CEO of Norfolk
Southern: Delivering the Goods: How Railroads Remain Crucial to America's Economic
Growth
Notes:
10 Best Railroad Stocks for 2014 (based on thestreet.com article):
EMD (Electro-Motive
Diesel) locomotive: On June 1, 2010, Caterpillar Inc.
announced it had agreed to buy Electro-Motive Diesel, Inc. from Greenbriar,
Berkshire et al. for $820 million. Caterpillar's wholly owned subsidiary, Progress
Rail Services Corporation, completed the transaction on August 2, 2010, making
Electro-Motive Diesel, Inc. a wholly owned subsidiary of Progress Rail Services
Corporation. Although Caterpillar announced that John S. Hamilton would
continue in his roles of president and CEO of EMD after the close of the transaction,
Mr. Hamilton left EMD for unspecified reasons in late August 2010.
U.S. Freight Rail Transportation Companies (Class I):
Trinity Industries, Inc (NYSE: TRN): largest North American freight rail manufacturer with 30% of the market. It produces freight cars, passenger railcars, boxcars and others.
U.S. Freight Rail: other
Railex (private): Uses Union
Pacific and CSX along with special Railex-designed, purpose-built refrigerated
cars to transport produce. Railex, a refrigerated rail transport and
warehousing company, began service in 2006. Guarantees five days coast
to coast. Routes: Washington (state) to New York; and Delano, CA to
New York. A single train is equal to 220 semi trucks.
U.S. Rail Transportation: Locomotives and Supporting Industries:
Electro-Motive
Diesels (EMD, and its predecessor Electro-Motive Division [sold by
General Motors, now part of Caterpillar]; Wikipedia)
RailPower: (Canadian/U.S. stock:
TSX:P) Specialized energy technology systems for transportation with
its state of the art locomotives and hybrid crane power plants.
Westinghouse Air Brakes Technology Corporation (NYSE:
WAB): Recently won a contract to build 26 trains for the Maryland transportation
system, worth $95 million, and $100 million contract in New York
City. Wabtec has also received contracts from rail systems in California,
New Mexico, Utah and Minnesota. its numbers look good…
Light Rail Now: a
charitable educational enterprise designed to support efforts both
within North America and worldwide to develop and improve light rail
transit (LRT) and other rail transit and mass transportation systems.
American Association of Railroads (AAR):
AAR members include the major freight railroads in the United States,
Canada and Mexico, as well as Amtrak. Based in Washington, DC, the
AAR is committed to keeping the railroads of North America safe, fast,
efficient, clean, and technologically advanced.
Railway-Technology.com:
European web site that contains up-to-the-minute news on the worldwide rail
industry. With its unique blend of news, analysis and special in-depth
reports, this resource gets to the heart of issues affecting the
working lives of people dealing with technology in the railway industry.
From boardroom directors to trackside staff, or third-party providers,
railway-technology.com offers a comprehensive view of the industry, staying
on top of the latest industry movements and views.
Railway Technical Web Pages:
provides free articles about railways, using the UK railway system as
the base technology with more articles and information about other systems,
like the US, as appropriate. Articles and glossaries are provided for
a range of subjects. These include planning, finance, operations, design,
engineering, production and maintenance. There is also some information
about steam locomotives, including a glossary and an explanation of wheel
arrangement descriptions.
railwaygazette.com -- UK-/Europe-based
web site and "webezine" for railway industry.
The American Railroads --
a website dedicated to U.S. railroad history, both past and present,
and a resource tool describing and educating about American railroading
in general.
Spike Systems – Mostly American
historical rail-fan site.
steamlocomotive.com --
This web site primarily contains info on full-scale U.S.A steam locomotives.