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For CP, a record first-quarter 2014
With net income of C$254 million or C$1.44 per diluted share, Canadian Pacific has posted “the best first quarter financial results in company history,” Chief Executive Officer E. Hunter Harrison…
For Union Pacific, a strong first quarter
Union Pacific on April 17, 2014 reported 2014 first quarter net income of $1.1 billion, or $2.38 per diluted share, compared to $957 million, or $2.03 per diluted share, in first-quarter…
KCS: Record revenue, good earnings in 1Q
Kansas City Southern reported net income in its 2014 first quarter of $94 million, or 85 cents per diluted share, slipping from $104 million, or 94 cents per diluted share,…
CSX 1Q earnings slip, but beat Street
CSX Corp. announced late Tuesday, April 15, 2014 first-quarter net earnings of $398 million, or 40 cents per share, down from $462 million, or 45 cents per share, in the…
KCS to stockholders: Be prepared
Legislation introduced in late 2013 in Mexico’s House of Deputies to amend certain provisions in the Mexican Regulatory Railroad Service Law could have “a material adverse effect” on Kansas City…
STB: BNSF, KCS, UP mediation "mandatory"
The Surface Transportation Board is directing BNSF Railway, Kansas City Southern Railway, and Union Pacific to "Engage in mandatory mediation to resolve" the issue of trackage rights over nine miles…
Westport delivers first LNG tender to EMD
Vancouver, British Columbia-based Westport Innovations, has delivered the first of four liquefied natural gas (LNG) tenders ordered by Canadian National (CN) to Electro-Motive Diesel (EMD, which is developing a pilot…
Intermodal leads weekly traffic gains
The Association of American Railroads (AAR) on April 10, 2014 reported increased U.S. rail traffic for the week ending April 5, 2014 with 296,039 total U.S. carloads, up 5.4% compared…
AAR responds to service questions raised at STB hearing
Following an April 10, 2014 Surface Transportation Board hearing on railroad service issues, the Association of American Railroads issued a statement in response to questions that have been raised.
See Tracks? Think Train!
Operation Lifesaver, Inc. (OLI) on March 8, 2014 launched a new public service advertising campaign called See Tracks? Think Train! that aims to reduce pedestrian and driver injuries and fatalities…
NS steam set for 2014
Norfolk Southern and partners Tennessee Valley Railroad Museum and Fort Wayne Railroad Historical Society have launched a new season of “21st Century Steam” excursions has launched, with 18 excursions scheduled…
Moorman to keynote NARS annual meeting
Norfolk Southern CEO and Association of American Railroads Chairman Charles “Wick” Moorman will deliver the keynote address at the 2014 North American Rail Shippers annual meeting in San Francisco, May…
Room for more freight in San Diego?
San Diego’s potential is huge, provided the region’s short lines and port can secure critical state and local funding.
U.S. freight traffic up again in week and in March
For the fifth time in six weeks, U.S. freight rail traffic gained ground against the comparable week in 2013 and, not surprisingly, that contributed to increased traffic totals for the…
CSX 2013 Chemical Safety Excellence Awards
CSX on April 2, 2014 announced the winners of its 20th annual Chemical Safety Excellence Award, “representing dozens of customers recognized by CSX for their commitment to safe transportation of…
CSX Winter Haven intermodal terminal up and running
CSX affiliate Evansville Western Railway has begun operations at CSX Intermodal Terminals Inc.’s new Central Florida Intermodal Logistics Center (ILC) intermodal terminal in Winter Haven, Fla.
STB to review railroad service issues
The Surface Transportation Board announced Tuesday, April 1, 2014 that it will hold a public hearing on April 10 "to provide interested persons the opportunity to report on recent railroad…
NS 2013 Annual Report highlights “a big year”
2013 was “a big year” for Norfolk Southern, CEO Wick Moorman says in the company’s 2013 Annual Report. “I am confident in the future of Norfolk Southern and the rail…
CSX 2013 Annual Report spotlights continued growth
“A combination of macro forces and strategic investments propelled CSX to strong performance despite the challenging external environment, including the slowly recovering economy and transformation in the energy markets. The…
CN to grain elevators: Stop complaining and start performing
CN, fighting the Canadian government’s attempt to impose on grain movements “ill-advised legislation to unfairly punish the rail industry,” on March 31, 2014 reported that it spotted 5,102 hopper cars…
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