Class I

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…
Kansas City Southern on Friday, Oct. 17, 2014 reported third-quarter 2014 revenue of $678 million, up 9% from the third quarter of 2013. Carload volumes for the quarter were up…
U.S. freight rail traffic kept advancing in the latest week ending Oct. 11, 2014, the Association of American Railroads (AAR) reported Thursday, Oct 16, suggesting continued U.S economic strength may…
The New Mexico Border Authority has selected HNTB Corp. perform a comprehensive study determining the feasibility of a new rail bypass and international rail border crossing near the Santa Teresa,…
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