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KCS sets record 1Q revenue; earnings beat Street
Kansas City Southern early Friday reported first-quarter revenue of $553 million, up 1% from the comparable quarter in 2012 and a record. Net income was $94 million, or 94 cents…
UP 1Q earnings beat Street
Union Pacific Thursday reported net income of $957 million, or $2.03 per share, in the first quarter of 2013, up from $863 million, or $1.79 a share, in the first…
CSX touts record 1Q earnings
CSX Corp. late Tuesday said it notched earnings of $459 million, or 45 cents per share, in the first quarter, up from $449 million, or 43 cents per share, in…
KCS sees stronger traffic in 2013 and beyond
In the company's annual report, just released, Kansas City Southern President and Chief Executive Officer David L. Starling and Executive Chairman Michael R. Haverty say they view 2013 as a…
GWI 1Q traffic gains
Genesee & Wyoming Inc. Thursday reported results for March and first-quarter traffic, in part based on comparing its current numbers to 2012 results as if its acquisition of RailAmerica were…
Greenbrier Cos. 2Q earnings fall, but beat Street
Lake Oswego, Ore.-based The Greenbrier Cos. Thursday reported net earnings of $13.8 million, or 45 cents per diluted share, in its second fiscal quarter ending Feb. 28, 2013. That was…
NS annual report sports upbeat tone
Norfolk Southern said Wednesday it was moving ahead in 2013 after coming off its second-best year ever for revenue, operating income, net income, and earnings per share.
Public-private venture eyed for Edmonton LRT
Canadian federal officials and the City of Edmonton Thursday announced a public-private partnership effort to expedite Edmonton's light rail transit expansion. The private component of the P3 will be chosen…
CSX’s capex strategy
From intermodal infrastructure to doublestack clearances to new locomotives, CSX continues to invest.
Timken Co. to buy Greenbrier Cos. asset package
The Greenbrier Cos. Thursday said it has reached agreement with The Timken Co. to sell "substantially all the equipment utilized in Greenbrier's reconditioned wheelset roller bearing operations in Elizabethtown, Kentucky."
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