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Carolina Worrell joins Railway Age as Managing Editor
Carolina Worrell has joined Railway Age as Managing Editor, based at Simmons-Boardman Publishing Corp.’s headquarters in New York City.
J. Reilly McCarren, 1956-2015
J. Reilly McCarren, one of the most accomplished and respected railroaders of the past 35 years, died April 26, 2015 at his Kenilworth, Ill., home after a long battle with…
Weak coal market impacts NS first-quarter financials
A 16% dip in coal revenue was the main factor contributing to a 16% drop in net income and a 17% drop in diluted earnings per share for Norfolk Southern…
UP grade crossing safety rate improves 27%
Union Pacific’s grade crossing safety rate, which measures the total number of Federal Railroad Administration-reportable grade crossing accidents per million train-miles, improved to 1.88 in 2015’s first quarter, compared to…
UP achieves record first-quarter employee safety rate
With a reportable injury rate of 0.85, Union Pacific employees achieved record first-quarter safety performance, demonstrating ongoing progress toward the company’s ultimate goal of zero incidents.
Shippers sound off at NEARS meeting
Shippers are upbeat on the economy, feel rail pricing is definitely going higher, and vehemently oppose any Class I consolidation, according to responses to questions posed by Cowen and Company…
Intermodal traffic at record high
According to figures reported by the Association of American Railroads (AAR) for the week ending April 18, 2015, this is the second highest week on record for intermodal volume, up…
Volume decline affects UP earnings; capex plan reduced
Core pricing gains helped Union Pacific achieve 9% earnings per share growth in the first quarter of 2015, but EPS would have been stronger had a sharp drop in volume…
Maestri and Martínez assume new responsibilities at NS; Wimbush retires
As part of Norfolk Southern’s ongoing program of executive development and in support of its efforts to reduce its environmental footprint and expand its market opportunities, Bruno Maestri and Robert…
KCS reports flat first quarter
A 1% decrease in overall revenue combined with a 1% increase in carload volume compared to the prior-year period produced relatively flat first-quarter 2015 financial results for Kansas City Southern’s…
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