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CP touts “strongest financial results” in 2Q
Canadian Pacific early Thursday, July 17, 2014, reported second-quarter net income of C$371 million (US$345 million), or C$2.11 (US$1.96) per diluted share, a record for the second quarter, and up…
NS releases latest sustainability report
Norfolk Southern Corp. released its latest "Connections" sustainability report Wednesday, July 16, 2014, detailing its ongoing efforts to contribute to a cleaner environment, a healthier economy, and stronger communities.
Record 2Q earnings, revenue, for CSX
CSX Corp. announced record second-quarter net earnings of $529 million, or 53 cents per share, Tuesday afternoon, July 15, 2014, after the closing bell on Wall Street. Results were up…
AAR Associate Membership grows by five
Five companies joined the Association of American Railroads as Associate Members in June 2014.
Survey: Shippers expect business to grow
The average growth rate by which shippers anticipate their businesses to grow has increased, the pricing and employment outlook remains solid, and ongoing rail traffic strength has been aided only…
CSX completes five-state Maintenance Jamboree
CSX has performed annual Maintenance Jamborees since 1999, when a machine operator coined the term “Jamboree” to describe the mass gathering of maintenance-of-way crews and equipment in one area. The…
Richard W. Sprague, 1929-2014
Richard Wilder Sprague, 85, retired senior vice president, Bangor & Aroostook Railroad, died July 5, 2014, at Malvern, Pa.
For U.S. freight traffic, gains keep accumulating
U.S. freight rail traffic continued growing in the week ending July 5, 2014, measured against the comparable week in 2013, the Association of American Railroads said Thursday, July 10, 2014.
Midyear Report: Riding a tide of prosperity
With traffic in most commodities on an upswing and capital investment at record levels, the railroads are on track for another prosperous year.
Rebuilding an empire
BNSF is expanding its Northern Corridor to meet increasing demand.
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