Dancing With the Flames of Success and Failure

For investors, industry watchers and rail consumers, August has been either the most interesting or frustrating month to date in the reality dating show, “I Want to Buy a Class I Railroad.”

(Photo: William C. Vantuono)

Leasing Improvements May Be Unsustainable

FINANCIAL EDGE, RAILWAY AGE AUGUST 2021 ISSUE: Ah, the summer doldrums. While many were hoping for carefree days and a return to normalcy, sadly, the world continues to fret and struggle with the coronavirus and its Delta variant. However, in the shadows of this looming global crisis, the world of North American rail is all atwitter with political activity and other news-grabbing headlines.

Rail Insights 2021 Takeaways

THE FINANCIAL EDGE, RAILWAY AGE JULY 2021 ISSUE: At the 2021 Rail Insights conference (held “live” virtually in June 2021), three major trends emerged: The rebound in rail is in full swing; short lines and Class I railroads are feeling pressure to respond to growing demand in a challenging labor market; and the industry is in a “wait, see and respond” mode when contemplating who will be the ultimate long-term dance partner for KCS. Additionally, infrastructure improvements on the horizon are poised to help both passenger rail.

2021 Guide to Equipment Leasing: The Elephant in the Room Takes Leave

RAILWAY AGE, JUNE 2021 ISSUE: Welcome to the 2021 Guide to Equipment Leasing. Let’s start out by addressing the space in the room left by the exiting elephant: The U.S. economy and its residents clearly are looking forward to the end of the pandemic era and the opening of the economy.

The Target Is Actually the Hunter

FINANCIAL EDGE, RAILWAY AGE MAY 2021 ISSUE: The scuffle between CP and CN to acquire Kansas City Southern requires comment. In the 2021 Railroad Financial Desk Book, it was noted that KCS’s

Next-Gen Freight Rail Sets Agenda for the 2020s

FINANCIAL EDGE, RAILWAY AGE APRIL 2021 ISSUE: The tone and context of Railway Age’s Next-Gen Freight Rail conference held virtually on March 10, 2021 changes rapidly when viewed through the blockbuster announcement of Canadian Pacific’s (CP) acquisition of Kansas City Southern (KCS).

Texas Cold Won’t Bring Back Coal

The Texas wind that blows, blows not for king coal. The recent electricity debacle is likely to pivot power generation further away.

You Can’t Hide Behind COVID-19 Forever

FINANCIAL EDGE, RAILWAY AGE FEBRUARY 2021 ISSUE: 2020 is in the rearview mirror.

Pathway to Normalcy Remains Uncertain

FINANCIAL EDGE, RAILWAY AGE DECEMBER 2020 ISSUE (updated): On the final day of what might be the most unusual year in the lives of most Railway Age readers, It’s clear that 2020 was the year of the unexpected. While many people may have thought that a pandemic was not out of the question (in 2019, the U.S. government conducted a pandemic simulation, the “Crimson Contagion,” which predicted more than 500,000 deaths), the U.S. was unprepared for the voracity of the COVID-19 virus and the intensity of the shutdown resulting from its impacts.

Staggers, Loadings and the Election

THE FINANCIAL EDGE, RAILWAY AGE, NOVEMBER 2020 ISSUE: The 2020 U.S. Presidential election may be the most unique in modern times. Paper ballots came into use in the early 19th century; the modern lever-pull voting machine in the late 19th century; and push cards (until the infamous “hanging chad”) were used until 2000. Cue the pandemic: In the 2020 election, mail-in ballots were expected to account for at least 80 million votes—more than half the total number of votes expected.