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UP 4Q earnings beat Street
Union Pacific said Thursday, Jan. 22, 2015 its fourth-quarter net earnings totaled $1.41 billion, or $1.61 per share, handily beating Wall Street consensus analyst expectations of $1.51 per share.
CP notches record 4Q income, operating ratio
Canadian Pacific early Thursday, Jan. 22, 2015, announced record net income of C$451 million, of C$2.63 per diluted share, up 10% from the fourth quarter of 2013 and aiding the…
Class I employment gains in December
Figures released by the Surface Transportation Board Wednesday, Jan. 21, 2015, show total Class I railroad employment as of mid-December 2014 rose 4.93% to 170,841, from mid-December 2013, and also…
2015 Railroader of the Year: Hunter Harrison, Canadian Pacific
Now a two-time recipient of the industry's most prestigious award, this giant of railroading tackles the questions, where are we going, and how are we going to get there?
CP's next move?
A bid for CSX does not suggest that all of CP's growth potential lies eastward.
BNSF outlines $6 billion capex plan
BNSF on Jan. 15, 2015 announced details about the major capital projects it plans to complete in 2015 to maintain and grow its rail network.
Freight traffic: Good first full 2015 week
North American freight rail traffic for the week ending Jan. 10, 2015 – the first full week of 2015 – started off strongly, the Association of American Railroads reported Thursday,…
Norfolk Southern’s Don Seale to retire
Donald W. Seale, Executive Vice President and Chief Marketing Officer of Norfolk Southern Corp., has announced his plan to retire effective March 1, 2015.
CSX posts record 4Q, full-year results
CSX Corp. said late Tuesday, Jan. 13, 2015 it had notched record fourth-quarter net earnings of $491 million, or 49 cents per share, up 15% from $426 million, or 42…
Growth expectations lower but still robust, rail shipper survey says
Cowen and Company’s Fourth Quarter 2014 Rail Shipper Survey “suggests that the potential negative impacts on rail pricing power from the deceleration in crude shipment growth and suboptimal service have…
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