Norfolk Southern, having shaken off unwanted suitor Canadian Pacific, reported “strong first-quarter  results [that] demonstrate the significant progress we are making in line with our strategic plan,” according to Chairman, President and CEO James A. Squires.
Prior to its rollout at the Wi-Tronix Chicago Conference on May 17, 2016, the company has revealed several features of its all-new Violet™ Locomotive Data Acquisition Recording System (LDARS).
Union Pacific on April 21, 2016 reported 2016 first-quarter net income of nearly $1 billion, or $1.16 per diluted share, compared to about $1.2 billion, or $1.30 per diluted share, in first-quarter 2015, and an operating ratio of 65.1%, essentially flat compared to the prior-year quarter.
Freight traffic still shows no signs of growth in the week ending April 16, 2016, as carloads and intermodal units were both down nearly 13% and 7.5%, respectively, the Association of American Railroads (AAR) reported on April 20, 2016.
BNSF Railway Company (BNSF) on April 19, 2016 honored 109 shippers with the railroad’s 19th Annual Product Stewardship Award for the safe transportation of hazardous materials by rail during 2015.