Class I

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NS OR hits record low in 2Q 2017 Significant increases in net income and income from railway operations combined with a small increase in operating expenses compared to the prior-year quarter produced an all-time low operating ratio of 66.3% in Norfolk Southern’s 2017 second quarter.

ns-or-hits-record-low-in-2q-2017
Significant increases in net income and income from railway operations combined with a small increase in operating expenses compared to the prior-year quarter produced an all-time low operating ratio of 66.3% in Norfolk Southern’s 2017 second quarter. Second-quarter net income was...
cn-2q-2017-volume-growth-generates-record-revenues
Continued strong volume growth led to record revenues and a 21% increase in adjusted diluted earnings per share (EPS), CN reported for its financial and operating results for the second quarter ending June 30, 2017. In the second quarter, net income...
wabtec-2q-sales-up-guidance-revised
Wabtec Corp. in reporting results on July 25 for the second quarter of 2017, noted a sales increase of nearly 30% and revised its guidance for the remainder of 2017 to reflect challenging market conditions. Second-quarter sales were $932 million, a...
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Vehicle-train collisions at Union Pacific railroad crossings declined by five percent in the first half of 2017, compared to last year, according to Class 1. Union Pacific attributes this decline to its rail safety programs geared towards improved public safety. Union...
csx-nc-ports-set-new-box-train-service
North Carolina Ports and CSX announced a new daily intermodal service between the Port of Wilmington and Charlotte, beginning July 28. The double stack Queen City Express marks the official return of intermodal rail to its facilities, the North Carolina State...

Hunter Harrison, what exactly is going on at CSX? I’m hearing lots of voices. They’ve become loud and frequent and as such are nearly impossible to ignore. They’re the voices of railroaders, from the executive to the train and engine...
union-pacific-net-up-on-carload-gains
Union Pacific Corp. tallied second quarter 2017 net income of nearly $1.2 billion, up from $1 billion in the year-ago quarter on operating revenue that was 10% higher at $5.3 billion. The Omaha-based carrier said second-quarter operating ratio was 61.8%, a...
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Kansas City Southern reported record second quarter 2017 revenues of $656 million, up 15% on-year, as carloads increased 6%. The Kansas City, Mo.-based company said operating income increased 9% to $239 million, a historic quarterly record. Net income totaled $135 million,...
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Canadian Pacific and the Teamsters Canada Rail Conference Maintenance of Way Employees Division (TCRC-MWED) announced they have ratified a new five-year labor agreement. "We thank the union leadership for their vision and willingness to work with us proactively and collaboratively during...
containers-and-trailers-fuel-modest-overall-midsummer-gains-for-us-carloads
Intermodal shipments sparked U.S. rail traffic for the week ending July 15 as freight totaled 540,005 carloads and intermodal units, up 3.8% compared to the prior-year period. Traffic totaled 262,869 carloads, up 0.3%, while intermodal volume was 277,136 containers and trailers,...

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