From Yahoo Finance: 2025-05-02 16:04:00

Most major railroads, including Canadian National, Norfolk Southern, and Union Pacific, maintained their 2025 outlooks despite trade policy and economic uncertainty. Canadian Pacific Kansas City and CSX made slight downward adjustments in their guidance. CPKC expects mid-single-digit volume growth but trimmed earnings guidance due to a stronger Canadian dollar. CSX withdrew prior guidance but still anticipates full-year volume growth. Other major companies like GM, Stellantis, and UPS have reduced or suspended their financial guidance. CN projects revenue ton-miles to increase by 2% to 5% this year, while NS is sticking with its forecast of 3% revenue growth. Union Pacific affirms its outlook for the year, emphasizing its operational strength and consumer demand resilience. BNSF Railway, owned by Berkshire Hathaway, will report its first-quarter earnings alongside its parent company.



Read more at Yahoo Finance: Class I railroads keep optimistic outlooks despite trade uncertainty