Class I

BNSF Railway on Oct. 20 named Burlington Junction Railway (BJRY) its 2016 Short Line of the Year at its annual Short Line Conference. BNSF recognized BJRY “for its dedication to…
Any way you slice them, Union Pacific’s third-quarter 2016 financials aren’t good. Based on “an unstable global economy, the relatively strong U.S. dollar, and continued soft demand for consumer goods,”…
I’ve heard some pretty disingenuous (that’s a polite word for “dopey”) things said about railroads in my nearly 25 years at Railway Age. Nearly all of them have come from…
The Association of American Railroads (AAR) reported on Oct. 19 that for the week ending October 15, 2016, total U.S. weekly rail traffic was 531,936 carloads and intermodal units, down…
Canadian Pacific on Oct. 19 named Nadeem Velani Vice President and Chief Financial Officer. He had been serving in an interim capacity since Sept. 9, 2016.
An operating ratio of 57.7%, the lowest-ever when compared to adjusted operating ratios in previous quarters, and increases in diluted earnings per share (both adjusted and non-adjusted) marked Canadian Pacific’s…
Kansas City Southern (KCS) reported third-quarter 2016 revenues of $605 million, a decrease of 4% from third-quarter 2015, in what management is describing as a very challenging period.
Kansas City Southern announced October 17 that train speed on 2.5 miles of track between Martin Luther King Street and Highway 90 in Gulfport, Miss. will increase from 10 to…
Former Norfolk Southern senior executive James W. “Jim” McClellan, who played a significant role in shaping the structure of the modern North American railroad industry, died Oct. 14, 2016. He…
Badger Mining Corporation (BMC), a family-owned industrial sand supplier based out of Berlin, Wis., announced Oct. 14 a further commitment to the Canadian market with the asset acquisition of Di-Corp’s…
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