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U.S. freight traffic shows good growth
Total U.S. weekly rail traffic for the week ending Jan. 24, 2015 rose 4.1%, measured against the comparable week in 2014, according to the Association of American Railroads in its…
Record volume drives CN 4Q, full year
Canadian National late Tuesday, Jan. 27, 2015 reported fourth-quarter net income of C$844 million (US$678 million), or C$1.03 (about 83 U.S. cents) in diluted earnings per share, compared with C$635…
NS Roanoke offices to close
Norfolk Southern on Jan. 27, 2015 said that it will close its Roanoke office building at 110 Franklin Road SE later in the year and relocate the functions currently housed…
UP employees set safety record
Union Pacific’s 2014 employee safety performance, a 0.98 reportable injury rate, was the best in the railroad’s history, surpassing the previous record established in 2012, and an 11% reduction from…
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…
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