Better Buy: Union Pacific or CSX?
With freight demand robust this year, American railroad companies are taking advantage of greater volumes combined with higher rates. Although steady demand for freight transportation is expected to continue, the railway industry also faces near-term supply chain disruptions, labor shortages, and soaring fuel prices.
Railroad companies that can endure the current economy with minimal damage stand to benefit greatly over time, especially considering rail is the most economically and environmentally friendly way to transport goods and materials across the U.S.
Let's take a closer look at two major American railway players and determine which of these railroad stocks makes a better buy in today's market.
Source Fool.com
