Updates on Rail Safety and Security, Improved Credit Ratings and New Locomotive Contracts - Research Report on Union Pacific, Canadian Pacific, CN, Trinity and Wabtec
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NEW YORK, June 12, 2013 /PRNewswire/ --
Today, Wall Street Reports announced new research reports highlighting Union Pacific Corporation (NYSE: UNP), Canadian Pacific Railway Limited (NYSE: CP), Canadian National Railway Company (NYSE: CNI), Trinity Industries Inc. (NYSE: TRN) and Westinghouse Air Brake Technologies Corporation (NYSE: WAB). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.
Union Pacific Corporation Research Report
On June 6, 2013, Union Pacific Corporation (Union Pacific) and the Dow Chemical Company published a new report on the progress of a cooperative agreement that began in 2007 to improve rail safety and security. The report provides a detailed update on the progress for each of the eight goals, including an extensive description of the successful Next Generation Rail Tank Car Project. David Kepler, Dow's Chief Sustainability Officer said, "Through this collaborative effort, a breakthrough approach to rail car design was created that increases safety and security in moving vital chemicals to facilities that produce pharmaceuticals, clean water and many other products that improve every aspect of our lives." The company reported that the Next Generation Rail Tank Car Project is a public-private partnership between Dow, Union Pacific, Union Tank Car, the Federal Railroad Administration, Transport Canada, and the U.S. Transportation Security Administration. The Full Research Report on Union Pacific Corporation - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at [http://www.wsreports.com/r/full_research_report/2170_UNP]
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Canadian Pacific Railway Limited Research Report
On June 7, 2013, Canadian Pacific Railway Limited (Canadian Pacific) announced that Hon. Jim Prentice, P.C., Q.C., has been appointed to the Company's Board of Directors, with immediate effect. "Canadian Pacific is very fortunate to have Jim join the Board," said Canadian Pacific Board Chairman Paul Haggis. "His integrity, wide-ranging skills and knowledge of public and corporate matters will serve the Board well." Mr. Prentice currently serves as the Senior Executive Vice-President and Vice Chairman of the Canadian Imperial Bank of Commerce and is a member of the Board of Directors of Bell Canada Inc., and of Coril Holdings Ltd. He is also the Canadian Chairman of the Trilateral Commission. The Full Research Report on Canadian Pacific Railway Limited - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at [http://www.wsreports.com/r/full_research_report/09c7_CP]
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Canadian National Railway Company Research Report
On May 28, 2013, Canadian National Railway Limited (CN) announced that it is accelerating work on the $33 million upgradation of its Whitehall Subdivision in Wisconsin, to increase car-loading capacity and train velocity for the growing frac sand supply chains of Badger Mining Corporation, Preferred Sands of Wisconsin LLC, Atlas Resin Proppants LLC, and Taylor Frac LLC. Jean-Jacques Ruest, CN's Executive Vice-President and Chief Marketing Officer, said: "We are investing in increased rail capacity on the Whitehall Subdivision to help move more frac sand and to develop a more robust supply chain for our customers in Wisconsin to connect with the oil and gas shale basins in North America." The Full Research Report on Canadian National Railway Company - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at [http://www.wsreports.com/r/full_research_report/517f_CNI]
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Trinity Industries Inc. Research Report
On May 29, 2013, Trinity Industries Inc. (Trinity) announced that Standard & Poor's Rating Services has upgraded the Company's corporate credit rating to BBB-. James E. Perry, Trinity's Senior Vice President and Chief Financial Officer said, "This is a positive acknowledgment of the strength of our diversified industrial portfolio of businesses, as well as our high level of order backlogs for our major products and the stability of earnings and cash flow generated by our growing railcar leasing platform." Trinity had maintained a BB+ corporate credit rating by Standard & Poor's since 2007, when its rating was last upgraded by the agency. The Full Research Report on Trinity Industries Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at [http://www.wsreports.com/r/full_research_report/3ee7_TRN]
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Westinghouse Air Brake Technologies Corporation Research Report
On June 5, 2013, Westinghouse Air Brake Technologies Corporation (Wabtec) announced that its MotivePower subsidiary has received an order to build six additional locomotives for CFCLA Rail JV Pty Ltd., a joint venture of CFCL Australia Pty. Limited and Marubeni Corporation of Tokyo, Japan. The six additional locomotives, to be delivered in 2014, will be MotivePower's standard gauge MP33C international model. The locomotives, which are among the most fuel-efficient and environmentally friendly in the world, will include components from a number of other Wabtec divisions. Albert J. Neupaver, Wabtec's Chairman and Chief Executive Officer, said, "This additional order demonstrates CFCLA's confidence in our locomotive product, and builds on Wabtec's strong presence in Australia. These locomotives will meet our customers' needs for more-efficient equipment, and will position Wabtec for similar opportunities globally." The Full Research Report on Westinghouse Air Brake Technologies Corporation - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at [http://www.wsreports.com/r/full_research_report/867e_WAB]
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SOURCE Wall Street Reports
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