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Diesel drop drives down UP quarterly operating ratio
Buffeted by decreases in operating income and revenue and business volumes compared to the prior-year quarter, Union Pacific still managed to post an all-time quarterly record operating ratio of 60.3%…
AAR reports flat weekly rail traffic
For the week ending Oct. 17, 2015, total U.S. weekly rail traffic was 554,696 carloads and intermodal units, down 2.6% compared with the same week in 2014, the Association of…
NS: No PTC extension? No PIH trains. No passenger trains
Norfolk Southern on Oct. 20, 2015 said, effective Dec. 1, 2015, it will no longer accept shipments of Poisonous-Inhalation-Hazard (PIH) commodities, and that passenger trains operated by Amtrak, Virginia Railway…
PTC: “It ain’t over till it’s over”
The House Transportation & Infrastructure Committee has passed H.R. 3763, the Surface Transportation Reauthorization and Reform Act of 2015, commonly referred to as the “Highway Bill.” Buried deep within the…
Railway Age seeks entries for inaugural Fast Trackers contest
Railway Age on Oct. 20, 2015 launched its inaugural Fast Trackers contest, in which ten individuals under the age of 40 who have made an impact in their respective fields…
High times ahead for Canadian rails
Canada’s three major railways should benefit from the Oct. 19, 2015 sea-to-sea election sweep by Justin Trudeau’s Liberal Party of Canada. Trudeau’s party even managed to get four members of…
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…
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