Class I

Norfolk Southern Corp. Wednesday, Jan. 22, 2014 reported record fourth-quarter net income of $513 million, or $1.64 per diluted share, up 24% from $413 million, or $1.30 per diluted share,…
Independent investment research provider Morningstar, Inc. has named Canadian Pacific chief executive E. Hunter Harrison as its 2013 CEO of the Year. Morningstar annually recognizes a chief executive “who exhibits…
Both U.S. freight carload traffic and U.S. intermodal volume failed to gain ground during the week ending Jan. 11, 2014, measured against the comparable week in 2013, the Association of…
House Committee on Transportation and Infrastructure Chairman Bill Shuster (R-Pa.) and Ranking Member Nick J. Rahall, II (D-W.Va.) on Jan. 16, 2014 announced the establishment of yet another special panel.…
CSX Corp. reported fourth-quarter earnings of $426 million, or 42 cents per share, down slightly from $449 million, or 44 cents per share, in the fourth quarter of 2012. That…
For the first week of 2014 ending Jan. 4, 2014, both U.S. freight carload traffic and U.S. intermodal volume gained ground over the comparable week in 2013, the Association of…
Union Pacific has initiated a new intermodal service between Laredo, Tex., and Memphis, Tenn., “supporting growing transportation needs for the automotive manufacturing and intermodal marketplaces.”
Norfolk Southern, through participation in the location of 67 new industries and expansion of 25 existing industries along its rail lines in 2013, spurred customer investments of $2.3 billion, creation…
Union Pacific has appointed vice presidents D. Lynn Kelley and Joseph O’Connor to new positions within the organization, effective Feb. 1, 2014.
Nineteen cars and one locomotive in a 122-car CN train carrying LPG in DOT 112 cars and crude oil in DOT 111 cars derailed and caught fire on Tuesday, Jan.…
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