Class I

Freight rail traffic continued to increase for North America's three largest economies in the week ending Oct. 18, 2014, led by strong U.S. rail gains, the Association of American Railroads…
Union Pacific said Thursday, Oct. 23, 2014 its third-quarter earnings rose 19% measured against the comparable quarter in 2013, to $1.37 billion, or $1.53 per share, from $1.15 billion, or…
Figures released by the Surface Transportation Board on Thursday, Oct. 23, 2014, show total Class I railroad employment as of mid-September 2014 rose 3.35% to 168,703, from mid-September 2013, and…
During third-quarter 2014 earnings presentations, two Class I CEOs with considerable experience in mega-mergers expressed opposing viewpoints on the merits of a final round of railroad mergers that would presumably…
Norfolk Southern early Wednesday, Oct. 22, 2014, reported net income of $559 million in the third quarter, up 16% from $482 million in the third quarter of 2013 and a…
CN has reported record financial and operating results for the third quarter and nine-month period ended Sept. 30, 2014.
CSX has entered into an agreement with Savage for mobile locomotive fueling services at 30 sites across the CSX network in the eastern U.S.
Canadian Pacific Railway on Tuesday, Oct. 21, 2014, announced record third-quarter net income of C$400 million (US$356.4 million), or C$2.31 (US$2.06) per diluted share, up from C$324 million or C$1.84…
Breaking its relative silence, Canadian Pacific Railway announced Oct. 20, 2014 that it is no longer pursuing CSX as a merger partner. “Exploratory conversations held with CSX Corp. about a…
The Federal Highway Administration (FHWA) has issued a combined Final Environmental Impact Statement (EIS) and Record of Decision (ROD) for the Chicago Region Environmental and Transportation Efficiency (CREATE) Program 75th…
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