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CP posts record quarterly OR and net income
Canadian Pacific Railway on July 21, 2015 posted its highest-ever net income and lowest-ever operating ratio for a second quarter.
CN: Industry-low operating ratio paces a solid second quarter
Net income of C$866 million, compared with net income of C$847 million in second-quarter 2014, combined with an operating income increase of 8% and a record-low quarterly operating ratio of…
For KCS, a tough second quarter
A revenue decline in all but one commodity group, including a precipitous drop in energy revenue, resulted in a difficult second-quarter 2105 for Kansas City Southern, the railroad reported on…
Carload traffic remains mostly flat
For the week ending July 11, 2015, total U.S. weekly rail traffic was 534,097 carloads and intermodal units, down 2.4% compared with the same week last year, as carload traffic…
EIA reports rise in oil shipments from Rocky Mountain states
Based on data from the Surface Transportation Board (STB) and Petroleum Supply Monthly, the U.S. Energy Information Administration has reported that rail and pipeline shipments of crude oil from the…
KCS names Hancock EVP and Chief Marketing Officer
Kansas City Southern has named Brian D. Hancock, a veteran supply chain executive with experience in home appliances, trucking, fast food and discount consumer products, as Executive Vice President and…
CSX sets second-quarter financial record
With quarterly operating income of more than $1 billion, an operating ratio of 66.8%, and net earnings of $553 million, CSX posted record financial results for the second quarter of…
UP slates $15 million for one Missouri line
Union Pacific Railroad (UP) is investing nearly $15 million in its rail line between the Missouri/Iowa border and Trenton, Mo., part of an overall $66 million program in that state,…
CSX spotlights 2014 social responsibility initiatives
CSX Corporation (CSX) launched on July 13, 2015 its fifth annual Corporate Social Responsibility Report, Moving Forward, highlighting the company’s progress in 2014 toward goals related to business performance, employee…
CP, City of Vancouver discuss operating plan for Arbutus corridor
Canadian Pacific (CP) met with officials from the City of Vancouver on July 10, 2015 to discuss CP’s operating plan for the Arbutus corridor rail line.
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