Latest News Continued
At CSX’s third-quarter 2017 earnings call, President and CEO E. Hunter Harrison acknowledged the railroad’s recent service problems, but insisted that CSX has recovered and is in better shape operationally…
Ground has been broken on Phase III (construction phase) of the CREATE (Chicago Region Environmental and Transportation Efficiency) Program’s 34th initiative, Project B1, “Canadian Pacific Crossover Upgrades.” Metra and Canadian…
The government of Canada is giving OmniTRAX 30 days to repair and restore service on the Hudson Bay Railway to Churchill, Manitoba, or risk a lawsuit for breach of contract.
Canadian Pacific Railway reported third-quarter adjusted diluted earnings per share of $2.90, up 6%, on revenue that was 3% higher at $1.6 billion.
The results of Cowen and Company’s Third-Quarter 2017 Railcar Survey are a “net neutral,” based on several factors, according to Vice President Matt Elkott. The percentage of shippers responding to…
Railroad shippers are anticipating price increases averaging 3.2% over the next 6-12 months, according to Cowen and Company’s Third-Quarter 2017 Rail Shipper Survey. This is a 20 basis point sequential…
Kansas City Southern has formed a new Health, Safety and Environmental group within the Operations department “to consolidate occupational health, workplace and public safety, and environmental functions under a single…
L&W Industries, based in Springfield, Mo., has developed a patent-pending Heavy Duty Conversion Bracket that improves safety and reduces the maintenance costs of railway crossings.
October 17, 2017

CSX profit up 1% in 3Q

CSX Corp. on Oct. 17 reported third-quarter 2017 net earnings of $459 million, or 51 cents per share, up from $455 million, or 48 cents per share, in the same…
Replacement of  Portal Bridge, a two-track 110-year-old swing span structure linking New Jersey and New York City on the Northeast Corridor, is under way. A recent groundbreaking ceremony marked the…
18
Page 18 of 942

Get the latest rail news

Rail news and analysis from Railway Age, IRJ and RT&S by email