Rail earnings and Limited rail asset liability

What this episode covers

Harris Ligon - CEO - Telegraph - Chicago, IL Earnings: Many contingencies: reliance on volume, steady-state employment, and improved service product. Much remains to be seen if revenue can perform well even against tough comparables. Limited rail asset availability: Comparing this to a period of airliner rationalization during COVID; reducing available, worn railcar capacity for scrap and more discipline regarding future orders. Big implications for automakers Service performance remains steady: Despite a recent downtick WoW in train speeds across most rail networks, we are seeing fairly normalized railcar cycle times and intermodal unit availability. This isn’t to say every railroad is meeting its published schedules - just that the performance is normalized. Learn more about your ad choices. Visit megaphone.fm/adchoices

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This episode is 11 minutes long.

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This episode was published on August 21, 2023.

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Harris Ligon - CEO - Telegraph - Chicago, IL Earnings: Many contingencies: reliance on volume, steady-state employment, and improved service product. Much remains to be seen if revenue can perform well even against tough comparables. Limited...

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