Canadian Rail Revenue to Fall as Volume Headwinds Persist -- Earnings Preview
Despite low fuel prices pointing toward the contrary, railroads’ competitive advantages remain strong against transportation rivals.
Canadian Pacific's E. Hunter Harrison has forged a new standard of profitability in a two-centuries-old industry over the course of his career.
Coal headwinds should only be temporary for wide-moat Union Pacific, which gives it an advantage over other rail companies, says Morningstar's Matt Coffina.
Containers, coal, crude, and codes are investors' current concerns.
Morningstar's 2013 CEO of the Year discusses his successful turnaround strategies and playbook for running a high-velocity railroad.
Railroads bolstered our confidence in the persistence of excess returns via solid performance through the recent recession and coal weakness.
An economic moat provides a gauge of a company's competitive advantages and overall strength, and it is a highly valuable tool for investors of all levels.
In this second excerpt from their new book, Morningstar's Heather Brilliant and Elizabeth Collins detail how companies leverage cost advantage and switching costs to their benefit.
We are concerned about a slow start to U.S. light-vehicle sales this year, but we expect improvement once the cold abates.