Railroads Retain 2025 Guidance
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trade uncertaintyFreightWaves
•Business
Business & Economics
Class I railroads keep optimistic outlooks despite trade uncertainty

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
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