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Rail News: Rail Industry Trends

RailTrends conference coming to New York City in October


For the second consecutive year, Progressive Railroading will present RailTrends, a finance conference for the rail industry. To be held Oct. 4-5 at the Yale Club in New York City, this year’s RailTrends will focus on financing capacity and growth in the railway industry.

The event is targeted at railroaders interested in fleet dynamics, trends and financial management; mechanical suppliers seeking fleet projections, trends and new insight; equipment lessors who want to learn what the market will require in the future; shippers who want to understand railroad market conditions and network with industry leaders; bankers and financiers seeking an opportunity to network with equipment professionals; and consultants and attorneys interested in business opportunities.

Keynote speakers include BNSF Railway Co. Chairman, President and Chief Executive Officer Matt Rose; Dakota, Minnesota & Eastern Railroad Corp. President and CEO Kevin Schieffer; Association of American Railroads President and CEO Ed Hamberger; Surface Transportation Board Chairman W. Douglas Buttrey; United Parcel Service Vice President Tom Jensen; and ConocoPhillips Co. Director of Transportation Phil Marlino.

Sessions include an investor/analyst panel with independent transportation analyst Tony Hatch — who serves as RailTrends’ program consultant— Credit Suisse First Boston rail analyst Jason Seidl and JP Morgan analyst Tom Wadewitz; and an association presidents panel featuring Hamberger and the National Industrial Transportation League’s John Ficker.

The event also will include a session entitled “Collaborating to Boost Capacity” with panelists Francois Hébert, Canadian National Railway Co.’s vice president of network strategies; J. Daniel Freeman, Kansas City Southern’s assistant VP of strategic analysis; and Mike Franczak, Canadian Pacific Railway’s VP of transportation.

Other sessions include “Coal in a Capacity Context,” “Locomotive Market Update,” “Logistics/Warehousing & Terminals,” “Financial Services Forum” and “Capacity and the Rail Customer.” In addition, Rail Theory Forecasts L.L.C. President and Progressive Railroading columnist Toby Kolstad will present his rail-car forecast.

To obtain more information or to register, log onto or call 1-800-727-7995, ext. 455.