coal
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American Shipper
Another LNG nail in coal’s coffin?
Final investment decisions for new global LNG export plants are surging, a negative for future thermal coal demand.
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Energy
U.S. railroads could face billions in losses as coal demand slumps
The decline in U.S. coal production could cost the railroads billions in lost revenue.
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Asia-Pacific
Down, down: rail freight operator Aurizon reports falls in profits and earnings
Australian bulk rail freight operator Aurizon (ASX: AZJ), which owns one of the world’s largest coal rail networks, reported a 15 percent decline in full…
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Modes
Blackjewel bankruptcy could set off ripple effects for freight rail
Blackjewel's bankruptcy reminds the broader industrial sector of the vulnerability of U.S. coal production overall, particularly so for western U.S. coal production.
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Energy
Switch to gas to accelerate, slashing U.S. coal demand
Low pricing will speed up Europe's transition from coal to gas, according to Morgan Stanley.
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Railroad
Commentary: Is the death of rail-hauled coal true, or premature?
Market expert Jim Blaze writes about the movement of coal by rail. He explores the history of rail-coal; more importantly, he writes about what the…
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Energy
Slumping coal exports threaten rail and ocean shipping demand
U.S. coal export volumes are down 12.7 percent in the first four months of this year and the outlook looks even worse for 2020.
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Company earnings
GWR’s lower than expected earnings due to weather, but guidance and new business pipeline intact
Genesee & Wyoming, Inc. reported adjusted earnings per share of $0.78 for the first quarter of 2019, which were 11 percent better year-over-year, but less…
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Company earnings
Scorpio Bulkers averts the worst of 2019’s dry bulk woes
Dry bulk shipping faced multiple headwinds in the first quarter, but NYSE-listed Scorpio Bulkers benefited from its smaller ships and its diversification into the product-tanker…
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Maritime
The future of the Panama Canal: What’s next for grain and coal shipping
The final part of the FreightWaves series on the Panama Canal focuses on dry bulk transits. The two trends: US agribulk cargo to Asia is…
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