Freight Railroad Shares Increase on Shift Away From Trucks -- WSJ
Dow Jones2026/10/22 15:43By Esther Fung
Share prices of freight railroads CSX, Union Pacific and Norfolk Southern rose Thursday after the companies reported that higher fuel prices are prompting shippers to shift loads to rail from trucks.
Rail is around three to four times more fuel-efficient than hauling goods on a truck on a highway. Containers and trailers that can be transported on trucks but are being taken by railroads-known as rail intermodal loads-increased 10.4% for the week ended Oct. 10, according to the Association of American Railroads.
CSX, Union Pacific and Norfolk Southern reported an increase in volume of 5%, 6% and 3% respectively in the third quarter but also said that fuel expenses have weighed on margins.
This item is part of a Wall Street Journal live coverage event. The full stream can be found by searching P/WSJL (WSJ Live Coverage).
(END) Dow Jones Newswires
October 22, 2026 11:43 ET (15:43 GMT)
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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