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AAR: U.S. carloads down, intermodal up, in latest week
U.S. freight carload volume fell 3% during the week ending July 20, 2013, measured agains the comparable week in 2012, the Association of American Railroads reported Thursday, July 25. Countering…
CP sets record 2Q earnings, operating ratio
Canadian Pacific on Wednesday, July 24, 2013 reported record second-quarter net income of C$252 million, or C$1.43 per diluted share, taking pains to also note a record operating ratio of…
Norfolk Southern 2Q net income declines
Norfolk Southern Corp. said its second-quarter net income of $465 million in the second quarter was 11% lower than the $524 million notched in the second quarter of 2012.
CN 2Q earnings up from a year ago
Canadian National reported second-quarter earnings of C$717 million (US$694 million), or C$1.69 (US$1.64) per diluted share, up from net income in the comparable 2012 quarter of C$631 million, or C$1.44…
June employment up over year ago, prior month
Figures released Monday, July 22, 2013, by the Surface Transportation Board show Class I railroads employed 164,499 people in mid-June, up 0.80% from June 2012, and up 220 people, or…
KCS 2Q earnings, adjusted, beat Street
Kansas City Southern reported second-quarter earnings of $15.4 million, or 14 cents a share, Friday, July 19, 2013.
UP sports robust 2Q earnings
Union Pacific recorted second-quarter earnings of $2.37 per share, or $1.1 billion, up from $2.10 a share, or $1 billion, in the second quarter of 2012, the Omaha-based Class I…
For U.S., usual freight mix in latest week
Following two weeks of digression from a repeating pattern, U.S. freight traffic resumed its standard mix – freight carload traffic down, intermodal volume up – in the latest week ending…
NS completes Mon Line upgrade
Norfolk Southern has completed $22.6 million in track, bridge, and signal improvements along its 85-mile “Mon Line,” a major coal route through Pennsylvania’s Monongahela Valley.
CSX 2Q earnings beat Street
CSX late Tuesday, July 16, 2013, reported second-quarter earnings of 52 cents per share, or $533 million, on revenue of $3.1 billion, up from earnings $512 million, or 49 cents…
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