Union Pacific Corporation (UNP) and CSX Corporation (CSX) are two prominent players in the railroad industry. UNP hauls agricultural, automotive, and chemical products and offers long-haul routes from all major West Coast and Gulf Coast ports to eastern gateways connects with Canada’s rail systems, and serves the major gateways to Mexico. In comparison, CSX provides rail, intermodal, domestic container shipping, barging, and contract logistics services worldwide. It transports chemicals, minerals, agricultural and food products, coal, and iron ore to electricity-generating power plants, steel manufacturers, industrial plants, and exports coal to deep-water port facilities.
Although the resumption of economic and industrial activities enabled the railroad industry to rebound from pandemic lows, it has remained more or less turbulent in accordance with COVID-19 cases and persisting global supply chain disruptions last year. This, along with high inflationary pressures, has surged the demand for fuel-efficient railroad or intermodal transportation and allowed companies in this space to benefit substantially.
