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CP posts higher revenue, lower net income
Canadian Pacific Railway Thursday reported fourth-quarter net income of C$221 million and diluted earnings per share of C$1.30, including 22 Canadian cents per share income tax benefit. For the full…
U.S. rail traffic rises again, AAR says
U.S. freight carload traffic in early 2012 rose again, up 1.6% for the week ending Jan. 21, the Association of American Railroads reported Thursday. U.S. intermodal volume moved up even…
Norfolk Southern increases capital spending
Norfolk Southern has announced a $2.4 billion capital improvement program for 2012, 12% higher than 2011 spending.
UP posts record low employee injury rate
Union Pacific Railroad employees achieved a record low 1.15 reportable injury rate in 2011, the best performance on record in the company's 150-year history, according to a UP announcement Tuesday.
Video Interview: 2012 Railroader of the Year
Kansas City Southern President and Chief Executive Officer David L. Starling, Railway Age's 2012 Railroader of the Year, talks about his career path, his international experience, and KCS's recent achievements…
NS earnings, revenue records topple
Norfolk Southern late Tuesday reported a series of significant records for 2011: Railway operating revenues reached $11.2 billion, up 17%; income from railway operations climbed 20% to $3.2 billion; net…
CN quarterly earnings beat Street
Canadian National Tuesday reported net earnings of C$592 million, or C$1.32 per share, up 18% from C$503 million or C$1.08 per share in the same quarter a year ago. Adjusted…
CSX 4Q, full year set records; Street shrugs
CSX Corp. said late Monday fourth-quarter earnings of 43 cents per share, up 13% from 38 cents per share in the fourth quarter of 2010, as it recorded revenue of…
CSX names Munoz COO, Eliasson CFO
CSX Corp. Monday said it had appointed Oscar Munoz as executive vice president and chief operating officer and appointed Fredrik J. Eliasson as executive vice president and chief financial officer,…
KCS notches records for 4Q, full year
Kansas City Southern late Monday said it had notched record fourth-quarter revenue of $530 million, up 11% from the comparable quarter in 2010, while generating operating income of $150 million,…
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