Investor’s Business Daily Bullish on Rail Companies

Investor’s Business Daily (IBD), in its mid-year ranking of the fiscal health of 197 different industry groups, ranked the rail industry as 14 on the list. The publication noted, “The industry has pricing power, while the ailing trucking industry continues to reel from high fuel costs, labor shortages and highway congestion – all factors that play to railroad’s strengths.” While IBR mentioned that railroads should expect strong pricing power for the foreseeable future, it cautioned that “the possibility of re-regulation might take some of the steam out of the railroad’s growth engine.” Source: Railway Age


   

The Soy Transportation Coalition is comprised of seven state soybean boards, the American Soybean Association, and the United Soybean Board. The National Grain and Feed Association and the National Oilseed Processors Association serve as ex-officio members of the organization.