Class I

Omaha, Neb.-based Berkshire Hathaway, Inc. continues to reap handsome returns from its purchase of BNSF Railway. Berkshire late Monday announced that total third-quarter revenue grew 22% year-over-year to $41.1 billion,…
BNSF named Steve Bobb executive vice president and chief marketing officer, with responsibility for BNSF's sales, marketing, customer service, economic development and business unit activities. He succeeds John Lanigan, who…
October's final week was not a busy one for U.S. railroads. The Association of American Railroads report for the week ending October 27, 2012, shows U.S. railroads originating 287,104 carloads,…
The Columbus and Greenville Railway (CAGY), was recently named Shortline of the Year at BNSF 's annual "Shortline Conference" held last month in Irving, Texas.
Freight operations in the Northeast are slowly returning to normal along the destruction path left by Hurricane Sandy.
Norfolk Southern announced Friday that Timothy J. Drake, vice president engineering, will retire Oct. 31 and will be succeeded by Michael J. Wheeler, formerly vice president transportation. Succeeding Wheeler will be Terry N.…
For the week ending Oct. 20, 2012, a key difference in the continuing slump in U.S. freight carload traffic is the number of commodity groups affected, according to data released…
Canadian Pacific Railway Ltd. Wednesday reported third-quarter earnings of C$224 million (US$226 million), or C$1.30 per diluted share, up 20% from C$187 million, or C$1.10 a share, it notched in…
Norfolk Southern Tuesday afternoon reported net income of $402 million, or $1.24 per diluted share, down 27% compared with $554 million, or $1.59 per diluted share, in the third quarter…
CSX Chairman, President, and Chief Executive Officer Michael J. Ward Tuesday joined federal, state, and local officials from Pennsylvania to mark the midway point of progress on the first phase…
Australian railroad QR National Ltd. (QRN) has appointed two new senior executives to the company's management team, both with extensive experience in the North American railway industry.
Canadian National Monday afternoon reported third-quarter net income of C$664 million (US$669 million), or C$1.52 per diluted share, up modestly from C$659 million, or C$1.46 per diluted share, in the…
Steam locomotive No. 844 is on the final leg of the UP 150 Express tour to Houston's Amtrak Station for the October 26-28 commemoration to President Abraham Lincoln's signing of the Act…
The death recently of A. E. (Ted) Michon reminded me just how difficult transitions can be for those who must go through them.
Figures released by the Surface Transportation Board Friday show Class I railroads employed 160,428 people in mid-September, up a modest 0.12% from September 2011, but down 1.39% (95 employees) from…
Despite record revenue for the third quarter, Kansas City Southern earnings of $90 million, or 82 cents per share, fell from $99.8 million, or 91 cents per share, in the…
CN and Tundra Energy Marketing Ltd., which handles crude oil on behalf of producers in the Williston Basin, including parent company Tundra Oil & Gas Partnership, have signed a memorandum…
U.S. freight carload traffic for the week ending Oct. 13, 2012 remained unable to surmount 2011 levels, down 6.1% when measured against the comparable week one year ago, the Association…
Alfred E. Michon, president of four regional railroads who also worked with both Burlington Northern (now BNSF) and Union Pacific, died Oct. 9 at age 75.
Union Pacific early Thursday reported third-quarter earnings of $1 billion, or $2.19 per diluted share, up from $904 million, or $1.85 per diluted share, in the comparable period in 2011…
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