Northeast Association of Rail Shippers

Commentary

NEARS Report: ‘The Seidl & Hatch Show’

Jim Blaze reporting on the NEARS (Northeast Association of Rail Shippers) Fall Conference: ABH Consulting independent analyst Tony Hatch and TD Cowen Managing Director/Railway Age Wall Street Contributing Editor Jason Seidl have

Commentary

TD Cowen: NEARS Conference Key Takeaways

We attended the NEARS (Northeast Association of Rail Shippers) Conference, where shippers discussed the current state of the rail industry. Rail service and safety was center stage, with panelist consensus embracing a challenged rail network to start 2023. In our view, decelerating rail volumes and excess capacity over the road may lead the rails to revise outlook during Q123 earnings.