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CN posts a strong first quarter
Taking full advantage of strong demand for its services and benefitting from a milder winter than last year’s deep freeze, CN posted strong first-quarter 2015 financials.
STB issues Tongue River Railroad Draft EIS
The Surface Transportation Board’s (STB) Office of Environmental Analysis (OEA) has issued a Draft Environmental Impact Statement (Draft EIS) for public review and comment of Tongue River Railroad Company’s (TRRC)…
CN locomotive engineers ratify new labor agreement
Canadian National Railroad Company (CN) locomotive engineers, represented by the Teamsters Canada Rail Conference (TCRC) union, have established a new collective agreement with the company, CN announced on April 16,…
Freight traffic stays relatively flat
According to figures reported by the Association of American Railroads for the week ending April 11, 2015, freight rail traffic remained relatively flat.
CN earmarks C$500 million for Western Canada
CN has embarked on a C$500 million multi-year capital investment program for infrastructure improvements to its Western Canada feeder rail lines in Alberta, Manitoba and Saskatchewan.
Toyota Logistics Services likes going places with UP
Toyota, whose advertising slogan is “Let’s Go Places,” is able to depend upon the railroads for the places its motor vehicles need to go. In recognition, Toyota Logistics Services has…
CSX: Double-digit net earnings and EPS growth in 1Q15
CSX posted first-quarter 2015 net earnings of $442 million, an 11% increase from $398 million in the same period last year, and generated earnings per share of $0.45, a 13%…
BNSF recognizes employees for outstanding achievement
BNSF Railway Company (BNSF) recognized a group of its employees, April 13, 2015, for their outstanding achievements in 2014 at its annual Employees of the Year event, which took place…
NS to Wall Street: Expect lower 1Q 2015 earnings
While stating that it “does not forecast earnings, and this announcement is not intended to change that policy,” Norfolk Southern said, in a press release issued immediately after the New…
First-quarter shipper survey notes “mild negative” for rail
The results of a rail shipper survey conducted by Cowen & Company in 2015’s first quarter indicate a “mild negative for the rail sector,” according to Managing Director and Railway…
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