Rail Companies See Lighter Volumes

The video discusses the decline in rail volumes as of March 2019, attributed to trade concerns, economic slowdown, and changes in rail operations. Jason Seidl, a senior analyst at Cowen, explains the impact of precision scheduled railroading (PSR) on the industry, highlighting both improvements and disruptions. Surveys indicate that resolving the Chinese trade war could boost business for rail and trucking networks.

What are some of the reasons mentioned for the decline in rail volumes as of March 2019?

• Expansion of rail networks

• Trade concerns and economic slowdown

• Increased passenger traffic

• Rise in fuel prices

What is the primary goal of Precision Scheduled Railroading (PSR)?

• To move freight with fewer assets

• To reduce the number of employees

• To increase the number of trains

• To expand rail networks

Which railroads are mentioned as implementing PSR at a more measured pace?

• Canadian National and Canadian Pacific

• Norfolk Southern and CSX

• BNSF and Amtrak

• Union Pacific and Kansas City Southern

What percentage of surveyed shippers believe resolving the Chinese trade issue would boost business?

• 50%

• 75%

• 66%

• 33%

What type of survey work does Cowen conduct to gather insights on the rail and trucking industries?

• Public opinion polls

• Proprietary surveys

• Government reports

• Industry conferences