Class I

Net income of C$866 million, compared with net income of C$847 million in second-quarter 2014, combined with an operating income increase of 8% and a record-low quarterly operating ratio of…
A revenue decline in all but one commodity group, including a precipitous drop in energy revenue, resulted in a difficult second-quarter 2105 for Kansas City Southern, the railroad reported on…
For the week ending July 11, 2015, total U.S. weekly rail traffic was 534,097 carloads and intermodal units, down 2.4% compared with the same week last year, as carload traffic…
Based on data from the Surface Transportation Board (STB) and Petroleum Supply Monthly, the U.S. Energy Information Administration has reported that rail and pipeline shipments of crude oil from the…
With quarterly operating income of more than $1 billion, an operating ratio of 66.8%, and net earnings of $553 million, CSX posted record financial results for the second quarter of…
Union Pacific Railroad (UP) is investing nearly $15 million in its rail line between the Missouri/Iowa border and Trenton, Mo., part of an overall $66 million program in that state,…
CSX Corporation (CSX) launched on July 13, 2015 its fifth annual Corporate Social Responsibility Report, Moving Forward, highlighting the company’s progress in 2014 toward goals related to business performance, employee…
Canadian Pacific (CP) met with officials from the City of Vancouver on July 10, 2015 to discuss CP’s operating plan for the Arbutus corridor rail line.
The American Association of Railroad Superintendents (AARS) has announced a call for applications for the Michigan State University Railway Management Certificate Course Scholarship sponsored by Progress Rail Services.
Since March we have been very cautious on the near-term prospects for the railroad stocks, warning investors on multiple occasions about the disappointing volume outlook for the group. These warnings…
For the week ending July 4, 2015 total U.S. weekly rail traffic was 506,284 carloads and intermodal units, up 1.7% compared with the same week last year, as carload traffic…
Just five days after a CSX train car carrying acrylonitrile derailed in Maryville, Tenn. and caught on fire, four CSX train cars carrying mixed freight derailed and flipped over in…
“We are lowering earnings expectations for most railroads to reflect traffic results,” says Cowen and Company Managing Director and Railway Age Wall Street Contributing Editor Jason Seidl, regarding upcoming second-quarter…
In preparing for the upcoming harvest and continuing to look for ways to innovate and develop new approaches to doing business, Canadian National Railway Company (CN) has introduced a new…
Stephen C. Tobias resigned from the Board of Directors of Canadian Pacific Railway Limited and Canadian Pacific Railway Company for personal reasons on June 30, 2015, the company announced.
In reporting weekly U.S. rail traffic, as well as volumes for June 2015 and the first six months of 2015, the Association of American Railroads (AAR) revealed on July 1,…
Google has agreed to partner with the Federal Railroad Administration (FRA) on grade crossing safety, the agency announced on June 29, 2015.
North American rail volume on 13 reporting U.S., Canadian and Mexican railroads for the first 24 weeks of 2015 was 16,950,429 carloads and intermodal units, flat compared with the same…
Positive Train Control (PTC) was again in the spotlight this week, as the House Transportation & Infrastructure Committee's Subcommittee on Railroads, Pipelines and Hazardous Materials held a hearing June 24…
Canadian Pacific (CP) says it is “profoundly disappointed” with Canadian Minister of Transport Lisa Raitt’s public  comments regarding an ongoing investigation into an alleged breach in safety rules. “Such…
44
Page 44 of 160