Class I

Significant increases in net income and income from railway operations combined with a small increase in operating expenses compared to the prior-year quarter produced an all-time low operating ratio of…
Continued strong volume growth led to record revenues and a 21% increase in adjusted diluted earnings per share (EPS), CN reported for its financial and operating results for the second…
Wabtec Corp. in reporting results on July 25 for the second quarter of 2017, noted a sales increase of nearly 30% and revised its guidance for the remainder of 2017…
Vehicle-train collisions at Union Pacific railroad crossings declined by five percent in the first half of 2017, compared to last year, according to Class 1. Union Pacific attributes this decline…
North Carolina Ports and CSX announced a new daily intermodal service between the Port of Wilmington and Charlotte, beginning July 28.
Hunter Harrison, what exactly is going on at CSX? I’m hearing lots of voices. They’ve become loud and frequent and as such are nearly impossible to ignore. They’re the voices…
Union Pacific Corp. tallied second quarter 2017 net income of nearly $1.2 billion, up from $1 billion in the year-ago quarter on operating revenue that was 10% higher at $5.3…
Kansas City Southern reported record second quarter 2017 revenues of $656 million, up 15% on-year, as carloads increased 6%.
Canadian Pacific and the Teamsters Canada Rail Conference Maintenance of Way Employees Division (TCRC-MWED) announced they have ratified a new five-year labor agreement.
Intermodal shipments sparked U.S. rail traffic for the week ending July 15 as freight totaled 540,005 carloads and intermodal units, up 3.8% compared to the prior-year period.
Canadian Pacific Railway reported record second-quarter earnings on across-the-board improvements and ongoing volume gains through the first half of the year.
Stephen Hoye has been appointed vice president of Pacific Harbor Line by parent Anacostia Rail Holdings, effective in early August.
Port of New Orleans President and Chief Executive Brandy Christian has been appointed to the Railroad-Shipper Transportation Advisory Council (RSTAC).
Global mining conglomerate Rio Tinto says AutoHaul®—the US$518 million automation of its Western Australia Pilbara iron ore heavy-haul rail network—is progressing well, with about 20% of all train-miles now operating…
Norfolk Southern will be consolidating its Central Division headquarters operations in Knoxville, Tenn., into three surrounding divisions “as part of ongoing efforts to enhance customer service and improve operating efficiencies.”
CSX said its second-quarter 2017 earnings results are based upon “improved asset utilization, cost control and fuel optimization. These operational improvements, coupled with the benefits from the management restructuring that…
Opposition groups from Wisconsin, Illinois and Indiana in a filing have asked the Surface Transportation Board to reject an application from Great Lakes Basin Transportation to build a rail freight…
The Building Rail Access for Customers and the Economy (BRACE) Act, introduced in March of this year, has achieved 226 co-sponsors in the House of Representatives (H.R. 721) and 51…
Rio Grande Pacific Dispatch (RGPD), formerly Nebraska Central Dispatch, has rebranded with a new name and logo, to strengthen its connection to parent company Rio Grande Pacific Corp., and more…
According to Cowen and Company’s Second-Quarter 2017 Rail Shipper Survey, respondents are anticipating price increases of 3.0% over the next 6-12 months, up 40 basis points from 2.6% in Cowen’s…
Start
Prev
1
Page 1 of 206

Get the latest rail news

Rail news and analysis from Railway Age, IRJ and RT&S by email