Class I

Figures released by the Surface Transportation Board show total Class I railroad employment as of mid-March 2014 rose 0.40%, to 162,968, from the same period in February 2014, and registered…
Coal volume and revenue that dropped 15% and 13%, respectively, in 2014’s first quarter were largely responsible for Norfolk Southern reporting lower net income and operating revenues and a slightly…
“The winter of a lifetime,” as described by CN President and CEO Claude Mongeau, bumped up CN’s first-quarter 2014 operating expenses and ratio compared to the year-ago quarter, but despite…
With net income of C$254 million or C$1.44 per diluted share, Canadian Pacific has posted “the best first quarter financial results in company history,” Chief Executive Officer E. Hunter Harrison…
The winning streak continued for all U.S. rail freight traffic during the week ending April 12, 2014, measured against the comparable week in 2013, the Association of American Railroads reported…
Union Pacific on April 17, 2014 reported 2014 first quarter net income of $1.1 billion, or $2.38 per diluted share, compared to $957 million, or $2.03 per diluted share, in first-quarter…
Kansas City Southern reported net income in its 2014 first quarter of $94 million, or 85 cents per diluted share, slipping from $104 million, or 94 cents per diluted share,…
CSX Corp. announced late Tuesday, April 15, 2014 first-quarter net earnings of $398 million, or 40 cents per share, down from $462 million, or 45 cents per share, in the…
Legislation introduced in late 2013 in Mexico’s House of Deputies to amend certain provisions in the Mexican Regulatory Railroad Service Law could have “a material adverse effect” on Kansas City…
The Surface Transportation Board is directing BNSF Railway, Kansas City Southern Railway, and Union Pacific to "Engage in mandatory mediation to resolve" the issue of trackage rights over nine miles…
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