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CP earnings up for second quarter and first half
Canadian Pacific Railway announced Wednesday that it earned net income of C$103 million (roughly US$101 million) and diluted earnings per share of 60 Canadian cents, "inclusive of the negative impact of…
CN posts strong earnings, revises outlook upward
Canadian National earned net income of C$631 million in this year's second quarter, or C$1.44 per diluted share, up from C$538 million, or C$1.18 per diluted share, in the second quarter of…
With record ROI, NS shaves 2Q operating ratio
For this year's second quarter, Norfolk Southern earned a net income of $524 million that edged 6% below that for the second quarter of 2011, but it also had an…
Cold Train expands volume, reach, and fleet
Rail Logistics Tuesday said that due to "continued growth," the company's Cold Train service is expanding its Washington State-based refrigerated container fleet to 300 state-of-the-art 53-foot containers (built by Hyundai),…
GE, UP herald 5,000th Evolution Series locomotive
Erie, Pa.-based GE Transportation Friday announced the rollout of the 5,000th Evolution Series Locomotive, in production since since 2005.
Weekly traffic up throughout North America: AAR
Freight carload traffic volume and intermodal movements notched a North American trifecta in the week ending July 14, 2012, measured against the comparable week of 2011, the Association of American…
Union Pacific 2Q beats Street, sets records
Union Pacific Thursday reported second-quarter earnings of $1 billion, or $2.01 per share, up 28% from $785 million in the second quarter of 2011. Earnings, along with revenue of $5.22…
June employment up for month and for year
U.S. Class I railroads employed 163,159 workers in mid-June, up 0.38% from May and 2.40% from June 2011.
USPS ponders boosting mail by rail
Hit-or-miss efforts (mostly miss) by the U.S. Postal Service to move mail by railroad have characterized the mode's declining mail modal share for decades, but the USPS is once more…
CP, frac sand company announce pact
Canadian Pacific and Smart Sand, Inc., Wednesday announced a strategic long-term partnership "under which the two companies will supply and ship premium, Northern White frac sand to the unconventional oil…
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