More and more goods are being shipped by rail due but capacity cannot increase by much: you can't build much more (if any) rail road. The only available option is to build large container but the rails are being conservative with this option.
CSX Corporation transports crushed stone, sand and gravel, metal, phosphate, fertilizer, food, consumer, agricultural, paper, and chemical products. In addition, it delivers coal, coke, and iron ore to electricity generating power plants, as well as finished vehicles and auto parts.
These guys in the the hot spot. CSX can charge a larger surcharge when oil goes but has the technology to reduce oil inputs-more miles per gallon. They boast an incredible 421 miles per 1 ton of freight on 1 gallon of fuel!
CSX is trading at 62.45 with the August 65 Calls @ 2.90
No comments:
Post a Comment