More business awaits railroads due to growing crude-by-rail trend

03/21/2013 | MarketWatch

Canadian National, CSX and Norfolk Southern are among the Class I's that will gain more business from an increasing trend toward crude-by-rail shipments, according to Barclays analysts. Shipments of crude and crude products have soared: more than 64,000 carloads were shipped in the third quarter of last year compared to 2,860 carloads in the first quarter of 2009, according to the Association of American Railroads.

View Full Article in:

MarketWatch