Coal a Concern for Rail Cos., But Analysts Still Bullish
Posted on January 25, 2013 at 16:31 PM EST
Bloomberg News Not enough demand Railroad transportation companies have had a good year so far, with shares of Norfolk Southern (NSC), CSX (CSX) and Canada Pacific Railway (CP) all up more than 10% in 2013, while Union Pacific‘s (UNP) stock is up about 7%. And all this amid concerns about lack of demand for coal. [...]