Class I

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Record quarter, year for Norfolk Southern Norfolk Southern posted record financial results for the fourth quarter of 2014 and for the entire year, and dropped its operating ratio to below 70%. The railroad also announced a $2.4 billion 2015 capital investment program.

record-volume-drives-cn-4q-full-year
Canadian National late Tuesday, Jan. 27, 2015 reported fourth-quarter net income of C$844 million (US$678 million), or C$1.03 (about 83 U.S. cents) in diluted earnings per share, compared with C$635 million (US$510 million), or 76 Canadian cents (61 U.S. cents)...
ns-roanoke-offices-to-close
Norfolk Southern on Jan. 27, 2015 said that it will close its Roanoke office building at 110 Franklin Road SE later in the year and relocate the functions currently housed there to Atlanta, Ga., or its Norfolk, Va., headquarters. The...
kcs-logs-record-4q-and-full-year-revenue
Kansas City Southern on Friday, Jan. 23, 2015, said it had achieved record revenue results for both its fourth quarter and full year, as earnings per share exceeded Wall Street analyst expectations. KCS reported fourth-quarter net income of $142 million, or...
intermodal-dip-disrupts-us-freight-traffic-win-streak
Total cumulative U.S. weekly rail traffic for the week ending Jan. 17, 2015 slipped 1% measured against the comparable week in 2015, the Association of American Railroads reported Wednesday, Jan. 21, 2015. A rare 2.4% decline in intermodal volume for the...
class-i-employment-gains-in-december
Figures released by the Surface Transportation Board Wednesday, Jan. 21, 2015, show total Class I railroad employment as of mid-December 2014 rose 4.93% to 170,841, from mid-December 2013, and also added 96 positions from mid-November 2014, a rise of 0.59%. Transportation...

record-quarter-year-for-norfolk-southern
Norfolk Southern posted record financial results for the fourth quarter of 2014 and for the entire year, and dropped its operating ratio to below 70%. The railroad also announced a $2.4 billion 2015 capital investment program. Net income for the quarter...
kcs-logs-record-4q-and-full-year-revenue
Kansas City Southern on Friday, Jan. 23, 2015, said it had achieved record revenue results for both its fourth quarter and full year, as earnings per share exceeded Wall Street analyst expectations. KCS reported fourth-quarter net income of $142 million, or...
intermodal-dip-disrupts-us-freight-traffic-win-streak
Total cumulative U.S. weekly rail traffic for the week ending Jan. 17, 2015 slipped 1% measured against the comparable week in 2015, the Association of American Railroads reported Wednesday, Jan. 21, 2015. A rare 2.4% decline in intermodal volume for the...
up-4q-earnings-beat-street
Union Pacific said Thursday, Jan. 22, 2015 its fourth-quarter net earnings totaled $1.41 billion, or $1.61 per share, handily beating Wall Street consensus analyst expectations of $1.51 per share. Revenue of $6.15 billion, up 9% from 2013's fourth quarter, also beat...
class-i-employment-gains-in-december
Figures released by the Surface Transportation Board Wednesday, Jan. 21, 2015, show total Class I railroad employment as of mid-December 2014 rose 4.93% to 170,841, from mid-December 2013, and also added 96 positions from mid-November 2014, a rise of 0.59%. Transportation...