Management

Cover story from the May 2016 issue of Railway Age: Norfolk Southern has been looking over its shoulder for almost a year. Now, it can focus its attention ahead.
Aurora, Ill., voted no on one of the more contentious railroad issues of our automated times: Should freight trains be allowed to operate with one-person crews, with technology taking the…
Cowen and Company Managing Director and Railway Age Wall Street Contributing Editor Jason Seidl returned from attending the April 26-28, 2016 North East Association of Rail Shippers (NEARS) Spring Conference…
Noting “a challenging economic environment,” CN announced a “very solid” first-quarter performance for 2016.
The North American crude-by-rail (CBR) saga “is that of a victory of good old U.S. ingenuity over the lack of pipeline capacity that stranded booming shale oil production in 2012,”…
Norfolk Southern, having shaken off unwanted suitor Canadian Pacific, reported “strong first-quarter [2016] results [that] demonstrate the significant progress we are making in line with our strategic plan,” according to…
Norfolk Southern Corp. on April 20, 2016 announced that it will downsize its Knoxville, Tenn., classification yard, effective May 1. “The action is in response to lower traffic volumes and…
An RBN Energy LLC analysis shows that about 1.7 million barrels per day of crude by rail (CBR) unload capacity has been built out and is operating in the Gulf…
Despite a 4% drop in revenues, Canadian Pacific Railway Ltd. posted its lowest-ever first-quarter operating ratio of 58.9% and reported diluted earnings per share of $3.51, or $2.50 on an…
Kansas City Southern (KCS) on April 19, 2016 reported a first quarter 2016 operating ratio of 66.6%, a 2.3-point improvement from 70.5% in first-quarter 2015. KCS also reported first-quarter 2016…
11
Page 11 of 88