If stocks could reproduce, I'd place this thoroughbred out to pasture in the hopes that it might produce a stable of others just like it.
Of course, repeating the investment returns that railroad operator Norfolk Southern
In the same manner as its eastern rival CSX
Even amid declining coal shipments to domestic utilities, Norfolk Southern saw overall coal volumes expand thanks to a 23% increase in its export traffic. Appalachian coal miners -- as I've previously noted regarding Patriot Coal
While Norfolk narrated a global story relating to coal, the company spun more of a domestic tale with respect to intermodal traffic. A 15% increase in domestic intermodal volume dominated the segment's 9% increase overall. The hauler cited increased tightness in truck hauling capacity as a contributing factor, though I suppose it doesn't hurt that FedEx
From time to time I find that some of what I needed to know in life, I learned when I was a young child. I recall, for example, that railroads offered steady rewards that were often overlooked as my board-game opponents laid their fiat fortunes on the line for Boardwalk or Park Place. And now all these years later, I'm discovering again that the industry offers some of the very best real estate in this game we call investing.
- Add Norfolk Southern to My Watchlist.
- Add CSX to My Watchlist.
- Add Patriot Coal to My Watchlist.
- Add CONSOL Energy to My Watchlist.
- Add FedEx to My Watchlist.