Rail Transportation
Major Railroads: BNI, CSX,
NSC, UNP
Rail Products & Services: GBX, TRN, WAB
Other Railroads: CN, GWR, KSU, PRRR, PWX, RRA
Foreign Railroads: GSH
The U.S. uses nearly half of
the world's oil, and private autos account for most of that use.
Besides wasting energy, this causes a great deal of pollution. Eighty
million Americans live in areas that fail federal air quality
standards. Trains, whether moving goods or people, use less energy than
trucks and cars, and causes less pollution. On the other hand, a
principal business of railroads is transporting questionable materials
such as old-growth timber, coal, chemicals, and automobiles. Below are
some railway companies. Since the primary business of railroads is
transporting goods, they tend to rise and fall with the strength of the
industrial economy.
Investors interested in
alternative transportation stocks should also check out our list of bicycle companies.
Major Railroads
BNI
- Burlington Northern
Headquartered in Fort Worth, Texas, Burlington
Northern Santa Fe Corporation (BNSF), through its subsidiary The
Burlington Northern and Santa Fe Railway Company, operates one of the
largest railroad networks in North America, with 33,500 route miles
covering 28 states and two Canadian provinces. This vast network covers
the western two-thirds of the United States, stretching from major
Pacific Northwest and Southern California ports to the Midwest,
Southeast and Southwest, and from the Gulf of Mexico to Canada.Revenues
are generated primarily from the transportation of coal, grain,
intermodal containers and trailers, chemicals, metals and minerals,
forest products, automobiles and consumer goods. (From company website,
1-01)
CSX - CSX Corporation
Has many subsidiaries, the main one being CSX
Transportation Inc., a major eastern railroad, providing rail
transportation and distribution services over a 22,700 route-mile
network in 23 states, the District of Columbia, and two Canadian
provinces. (From company website, 1-01)
NSC - Norfolk Southern Corporation
Norfolk Southern Corporation, a Virginia-based
holding company with headquarters in Norfolk, Va., owns all the common
stock of and controls a major freight railroad, Norfolk Southern
Railway Co. In addition, it owns a natural resources company, Pocahontas Land Corp. (coal and
timber), and a telecommunications company, Thoroughbred Technology and
Telecommunications, Inc. The railroad system's owned and operated lines
extend over approximately 21,800 miles of road in 22 states, the
District of Columbia and the Province of Ontario, Canada. (From company
website, 1-01)
UNP - Union Pacific Corporation
Union Pacific Corporation (NYSE:UNP) is one of
America's leading transportation companies. Its principal operating
company, Union Pacific Railroad, is the largest railroad in North
America, covering 23 states across two-thirds of the United States....
Union Pacific Railroad is an operating subsidiary of Union Pacific
Corporation. It is the largest railroad in North America, operating in
the western two-thirds of the United States. The railroad serves 23
states, linking every major West Coast and Gulf Coast port and provides
service to the east through its four major gateways in Chicago, St.
Louis, Memphis and New Orleans. Additionally, Union Pacific operates
key north/south corridors and is the only railroad to serve all six
gateways to Mexico. UP also interchanges traffic with the Canadian rail
systems.... Although Union Pacific Railroad's primary role is
transporting freight, it also runs a substantial commuter train
operation in Chicago. (From company website, Dec. 2004)
Products & Services
for Railways
GBX - Greenbrier Companies
Greenbrier Companies is a leading supplier of
transportation equipment and services to the railroad industry in North
America. Greenbrier builds new railroad freight cars in the United
States, Canada, and Mexico, and repairs and refurbishes freight cars
and wheels at ten locations across North America. The Company builds
new freight cars for the European market through its Wagony Swidnica
subsidiary in Poland. Greenbrier builds ocean-going barges for the
maritime industry in North America. Additionally, Greenbrier owns or
manages a fleet of approximately 33,000 railcars. (Yahoo, 1-01)
TRN - Trinity Industries
The Company manufactures and sells railcars,
barges and related products for inland waterway services, various parts
of railcars and other industrial products, highway guardrail and safety
products, girders, and beams, ready-mix concrete and aggregate, and
containers and weld fittings used in pressure piping systems, and
pressure and non-pressure containers for the storage and transportation
of liquefied gases and other liquid and dry products. The Company also
provides services, such as railcar maintenance, fleet management, and
leasing. (Yahoo, 1-01)
WAB - Wabtec
Wabtec is North America's largest manufacturer
of highly engineered equipment for locomotives, freight cars, and
passenger transit vehicles. (From company website, 1-01)
Other Rail Companies
CN - Canadian National Railway
CN employs 22,000 people, operates
approximately 16,000 route miles of track and has annual revenues of
$5.2 billion. The company's revenues derive from the movement of a
diversified and balanced portfolio of goods including petroleum and
chemicals, grain and fertilizers, coal, metals and minerals, forest
products, intermodal and automotive. The sources of revenue also
reflect a balanced mix of destinations with 52% from U.S. domestic and
cross-border traffic, 24% from international traffic and 24% from
Canadian domestic traffic. No one business unit accounts for more than
21% of revenues. The company originates more than 85% of traffic,
allowing CN to capitalize on service advantages, efficient asset
utilization and negotiations with other carriers on revenue division
arrangements. (From company website, 1-01)
GWR - Genesee & Wyoming
Genesee & Wyoming, Inc. (Genesee) is a
holding Company whose subsidiaries own and operate short line and
regional freight railroads and provide related rail services in 15
states and Australia. The Company, through its industrial switching
subsidiary, also provides railroad switching and related services to
United States industrial companies with extensive railroad facilities
within their complexes. The Company's predecessor, Genesee &
Wyoming Railroad Company, was founded in 1899. (From company website,
1/01)
KSU - Kansas City Southern
KSU, through its subsidiaries, provides rail
freight transportation along a continuous rail network of approximately
25,000 miles that links markets in the U.S., Mexico and Canada. The
businesses that comprise the Financial Services segment offer a variety
of asset management and related financial services to registered
investment companies, retail investors, institutions and individuals.
(From company website, 1/01)
PRRR -
Pioneer
Railcorp
Pioneer Railcorp is a holding company
principally engaged in the operation of short line railroad subsdiaries
whose rail systems provide shipping links for customers along its
routes and interchanges with six major railroads. (Yahoo, 1/01)
PWX - Providence & Worcester Railroad
PWX is a regional freight railroad operating in
Massachusetts, Rhode Island, Connecticut and New York. (Yahoo, 1-01)
RRA - Rail America
RailAmerica, Inc. is the world's largest short
line and regional railroad operator. It owns 41 railroads operating
approximately 11,000 route miles in the United States, Canada,
Australia and the Republic of Chile. In addition, the Company operates
approximately 4,300 route miles under track access arrangements in
Australia and Argentina. RailAmerica's strategy is to grow its existing
subsidiaries and to create a diversified international rail
transportation company through an aggressive, focused acquisition
program. A major component of this strategy has been, and will continue
to be, the acquisition and operation of short line and regional
railroads both domestically and internationally. (From company website,
1-01)
Foreign Railroads
GSH - Guangshen Railway
Guangshen Railway Company Limited (GSH)
operates the sole railroad between Guangzhou and Shenzhen in China. The
Company's rail line is a principal component of the transportation
infrastructure of southern China, and GSH is the leading provider of
passenger and freight transportation services in the Guangzhou-Shenzhen
corridor. The Company also conducts certain other businesses that are
ancillary to its to railway transportation business, such as services
and retail sales on-board trains and in stations, advertising, tourism
and leasing of property. (From company website, 1-01)
©1998-2011 Michael Bluejay | All rights reserved
|