Class I

U.S. freight carload volume fell 3% during the week ending July 20, 2013, measured agains the comparable week in 2012, the Association of American Railroads reported Thursday, July 25. Countering…
Canadian Pacific on Wednesday, July 24, 2013 reported record second-quarter net income of C$252 million, or C$1.43 per diluted share, taking pains to also note a record operating ratio of…
Norfolk Southern Corp. said its second-quarter net income of $465 million in the second quarter was 11% lower than the $524 million notched in the second quarter of 2012.
Canadian National reported second-quarter earnings of C$717 million (US$694 million), or C$1.69 (US$1.64) per diluted share, up from net income in the comparable 2012 quarter of C$631 million, or C$1.44…
Figures released Monday, July 22, 2013, by the Surface Transportation Board show Class I railroads employed 164,499 people in mid-June, up 0.80% from June 2012, and up 220 people, or…
Kansas City Southern reported second-quarter earnings of $15.4 million, or 14 cents a share, Friday, July 19, 2013.
Union Pacific recorted second-quarter earnings of $2.37 per share, or $1.1 billion, up from $2.10 a share, or $1 billion, in the second quarter of 2012, the Omaha-based Class I…
Following two weeks of digression from a repeating pattern, U.S. freight traffic resumed its standard mix – freight carload traffic down, intermodal volume up – in the latest week ending…
Norfolk Southern has completed $22.6 million in track, bridge, and signal improvements along its 85-mile “Mon Line,” a major coal route through Pennsylvania’s Monongahela Valley.
CSX late Tuesday, July 16, 2013, reported second-quarter earnings of 52 cents per share, or $533 million, on revenue of $3.1 billion, up from earnings $512 million, or 49 cents…
Both U.S. freight carload traffic and U.S. intermodal volume advanced in the week ending July 6, 2013, measured against the comparable week in 2012, the Association of American Railroads reported…
Canadian Pacific and K+S Potash signed an "exclusive long-term volume-based contract" Wednesday, July 10, 2013, for the transportation of potash products from K+S' Legacy Site, CP said Thursday.
At the midyear point of 2013 (26 out of 52 weeks in), combined North American rail volume on 13 reporting U.S., Canadian, and Mexican railroads totaled 9,650,841 carloads, down 0.4%…
Benito Mussolini infamously made Italian passenger trains run on time, but Fascism is hardly the answer for Amtrak.
CN announced on Wednesday, July 3 that it will start serving a new state-of-the art frac sand terminal north of Grande Prairie, Alta., starting in November 2013.
Union Pacific’s record $3.7 billion in capital expenditures in 2012 returned quick dividends, and resulted in the 151-year-old railroad’s best year for its investors.
CSX m/w employees on July 1 kicked off an eight-day maintenance “jamboree” or “blitz” designed to complete work that would normally take 18 weeks under traffic. The accelerated timeline is…
U.S. freight carload traffic during the week ending June 22, 2013 held its ground, "essentially flat" when measured against the comparable week in 2012, the Asssociation of American Railroads reported…
In two days of testimony before two separate U.S. House of Representatives transportation panels, Association of American Railroads President and CEO Edward R. Hamberger emphasized that “billions in annual privately…
The Senate unanimously confirmed former Charlotte, N.C. Mayor Anthony Foxx as the new Secretary of Transportation Thursday, June 27, 2013, succeeding Ray LaHood.
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