Class I

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CSX 1Q financials suggest an upside CSX Corp.’s first quarter 2017 non-adjusted net earnings of $362 million and a adjusted operating income of $712 million, yielded net earnings per share of $0.39 up from net earnings of $356 million, or $0.37 per share, in the same period of last year.

union-pacific-to-invest-millions-in-nevada
Union Pacific plans to invest approximately $26.8 million in Nevada infrastructure in 2017. The investment is part of .   The Class 1 says the investment will fund $22.7 million to maintain railroad track and $1.8 million to maintain the state's bridges. Key...
siemens-creating-“internet-of-trains”
Siemens’ U.S. unit has launched Digital Rail Services, a new business that will use intelligent sensors and advanced software platforms to put intelligence behind billions of data points created on the country’s rail systems. The company said this insight will help...
miner-hopper-outlet-gate-a-popular-pick
Miner Enterprises said that industry adoption of the company's Double Groove pneumatic outlet gate for plastics continues to accelerate, and has been specified on more than 2,400 new railcars in recent months. Recent orders include hopper cars for CAI Rail, CIT...
narrow-gain-for-cp-revenue-in-q1
Canadian Pacific Railway announced revenues of $1.19 billion (C$1.6 billion) for the first quarter of 2017, an increase of 1% from the year-ago quarter, and earnings per share of $2.17, down from or $2.60. The railroad’s operating ratio slipped to 58.1%...
csx-1q-earnings-stronger
CSX Corp.’s first quarter 2017 non-adjusted net earnings of $362 million and a adjusted operating income of $712 million, yielded net earnings per share of $0.39 up from net earnings of $356 million, or $0.37 per share, in the same...

intermodal-union-ratifies-cp-contract
Canadian Pacific and the United Steelworkers Local 1976 announced that the union had ratified a five-year labor agreement covering approximately 600 administrative support and intermodal employees in Canada. The agreement calls for wage increases of 2% each year over the length...
bnsf-greenlights-second-idaho-bridge
Preparation for a long-anticipated second bridge across Lake Pend Oreille at Sandpoint, Idaho, has been given the go-ahead by BNSF Railway. Stretching roughly 3/4-mile in length, the new bridge will stand parallel to an existing single-track bridge built in 1904. By...
micro-lubricant-with-mojo
zMAX®, used in racecar and aircraft engines since 1946, is beginning to penetrate the railroad locomotive market—literally. People familiar with motorsports history will recognize names like Mauri Rose, Dyno Don Nicholson, Arnie Beswick and George DeLorean (brother of John Z., whose...
california-formally-petitions-for-zero-emissions-locomotives
The California Air Resources Board has petitioned the Environmental Protection Agency to take action to adopt more stringent emission standards for locomotives, saying that the move is needed to clean up the air in “high-risk” communities in and around the...
union-pacific-to-spend--million-on-louisiana-infrastructure
Union Pacific is boosting safety and efficiency with an approximately $79 million infrastructure investment in Louisiana this year. The investment plan funds a range of initiatives: $58 million to maintain railroad track and $18 million to maintain bridges in the state. Key...

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