(Source: Zacks, January 3, 2017)
NEW YORK — Class 1 Railroads have been facing several challenges, such as declining oil prices and consumption, slow economic growth, low freight volumes and unfavorable weather conditions. Apart from the macroeconomic concerns, the industry is threatened by proposed regulations. However, Railroads have been lobbying against these regulations and the decision on its actual implementation has yet to be taken.
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