(Source: Market Realist, May 25, 2016)
NEW YORK — Previously, we discussed the 1Q16 revenues for all of the US Class I railroads. Now, we’ll look at coal. Since 2015, coal has turned into a black hole in the universe of commodities hauled by these carriers. Let’s look at the coal revenues lost by these railroads in 1Q16 — compared to 1Q15.
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