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Thursday, 04/30/2015 7:38:10 AM

Thursday, April 30, 2015 7:38:10 AM

Post# of 120
First-quarter shipper survey notes “mild negative” for rail

Monday, April 13, 2015

The results of a rail shipper survey conducted by Cowen & Company in 2015’s first quarter indicate a “mild negative for the rail sector,” according to Managing Director and Railway Age Wall Street Contributing Editor Jason Seidl.

“Pricing, employment outlook, confidence, recent business trends and shippers’ growth expectations all declined somewhat,” Seidl said. “While we continue to remain positive on the rail industry over the longer term, 2015 could prove to be one of the more difficult years for rail stocks in quite some time.”

[....]

http://www.railwayage.com/index.php/news/first-quarter-shipper-survey-notes-mild-negative%E2%80%9D-for-rail.html?channel=00

Marker:
American Railcar Ind (ARII)
$49.19 0.0 (0.00%)
Volume: 0




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