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CP reports record third-quarter revenue and OR
Canadian Pacific Railway (CP) on Oct. 20, 2015 posted its highest-ever revenue for the third quarter, with a 16% growth in adjusted earnings per share to $2.69 and the lowest…
For KCS, “meaningful sequential improvement”
An operating ratio of 65.2% combined with diluted earnings per share of $1.20 resulted in a slightly improved third-quarter 2015 for Kansas City Southern (KCS), the railroad reported on Oct.…
Special rates available for Railway Age Passenger Trains on Freight Railroads Conference
Railway Age’s 22nd Annual Passenger Trains on Freight Railroads Conference is coming up soon, on Oct. 28 and 29, in Washington D.C. at the Grand Hyatt Hotel. A 20% discount…
Freight traffic continues to fall despite modest intermodal gains
For the week ending Oct. 10, 2015, total U.S. weekly rail traffic was 556,233 carloads and intermodal units, down 2.8% compared with the same week in 2014, the Association of…
BNSF, Union Pacific move massive frac sand trains
BNSF and Union Pacific have each moved two of the longest and heaviest unit frac sand trains ever seen in North America. BNSF and short line Southwestern Railroad recently delivered…
CSX reports record third-quarter earnings
With quarterly operating income of $933 million, an operating ratio of 68.3%, and net earnings of $507 million, CSX posted record financial results for the third quarter of 2015.
KCS releases 2014 Sustainability Report
Kansas City Southern (KCS) has published its annual Sustainability Report covering the company’s activities in 2014, the company reported Oct. 13, 2015. The report is now available on the railroad’s…
UP says “Your Life is Worth the Wait”
Union Pacific has taken a fresh, positive approach to educating the general public about railroad grade crossing safety. Rather than focus on the consequences of driving or walking around lowered…
Freight traffic down through first three quarters of 2015
In reporting weekly U.S. rail traffic, as well as volumes for September 2015 and the first nine months of 2015, the Association of American Railroads (AAR) noted that modest gains…
Developing a better understanding of TOR effectiveness
The American Railway Engineering and Maintenance-of-Way Association's (AREMA) Annual Conference being held in conjunction with Railway Interchange 2015, held six breakout sessions Tuesday, including nine in the Track session.
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