(Source: Trains Magazine analysis by Chase Gunnoe, May 20, 2022)
CHARLESTON, W.Va. — American coal prices in the aftermath of the coronavirus have reached unprecedented highs and world events are notching prices even higher. While coal supply remains tight, continued favorable pricing may increase mining-company confidence to tap into reserves made cost-effective by today’s spot-market prices, potentially leading to new railroad opportunities.
Full story: Trains Magazine