Wednesday, January 4, 2017

2017 Is Turnaround Year For Railroads

Modest growth in commodities will help railroads.
Donald Trump's mission to improve economy will improve traffic.
Railroads face strong dollar, weakness in coal.
Union Pacific (NYSE:UNP) will enjoy better comparable metrics in 2017 after suffering a 7% decline in volumes in 2016. With an uptick in manufacturing, railroads should see an increase in the shipment of metals, petroleum, iron, steel, scrap and lumber. President-Elect Donald Trump's mission to improve America's economy will likely have a positive impact on the rails.
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