Tesla ups the ante once again

Financial Edge, December 2017: Here at the Financial Edge, we always try to stay one step ahead of the news. Last month’s column on locomotive leasing means that an article discussing GE’s sale of its locomotive group will come at another time. Never fear! Interesting issues in rail will always abound.

Cowen study: What a NAFTA exit will mean

There have been four rounds of NAFTA (North American Free Trade Agreement) re-negotiations, with the fifth round set for Mexico City beginning Nov. 17. According to Workingman’s Dead: NAFTA Withdrawal Risk Sector Impact, a just-released study from Cowen and Co.’s 11-member Washington Research Group, a U.S. pullout from the landmark agreement forged more than 20 years ago will likely have a significant negative impact on the freight railroad industry.