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Business & Economics

Class I railroads keep optimistic outlooks despite trade uncertainty

FreightWaves
Summary
Nutrition label

81% Informative

Canadian National , Norfolk Southern and Union Pacific kept their guidance intact.

Canadian Pacific Kansas City and CSX made slight downward adjustments during their first-quarter earnings calls.

The guidance serves as a key barometer of executives' confidence in market conditions.

CSX still expects to see full-year volume growth but withdrew prior guidance that put traffic gains in a range of 2 to 5% .

Traffic volume has continued to hold up so far in the second quarter .

Vena says trade policy will be sorted out sooner or later.

BNSF Railway , owned by conglomerate Berkshire Hathaway , will report its first-quarter earnings over the weekend .

“I’ve never bet against the United States economy or the U.S. in general,” he said.

VR Score

85

Informative language

85

Neutral language

67

Article tone

semi-formal

Language

English

Language complexity

49

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

Source diversity

1

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