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Record quarter, year for Norfolk Southern
Norfolk Southern posted record financial results for the fourth quarter of 2014 and for the entire year, and dropped its operating ratio to below 70%. The railroad also announced a…
KCS logs record 4Q and full year revenue
Kansas City Southern on Friday, Jan. 23, 2015, said it had achieved record revenue results for both its fourth quarter and full year, as earnings per share exceeded Wall Street…
Intermodal dip disrupts U.S. freight traffic win streak
Total cumulative U.S. weekly rail traffic for the week ending Jan. 17, 2015 slipped 1% measured against the comparable week in 2015, the Association of American Railroads reported Wednesday, Jan.…
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,…
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