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Railway Interchange 2015
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AAR to STB: Rail revenue caps a terrible idea
Testifying at a July 22, 2015 Surface Transportation Board hearing on railroad revenue adequacy, the Association of American Railroads, executives from its member railroads and economic experts urged federal regulators…
CP posts record quarterly OR and net income
Canadian Pacific Railway on July 21, 2015 posted its highest-ever net income and lowest-ever operating ratio for a second quarter.
CN: Industry-low operating ratio paces a solid second quarter
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…
For KCS, a tough second quarter
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…
KCS names Hancock EVP and Chief Marketing Officer
Kansas City Southern has named Brian D. Hancock, a veteran supply chain executive with experience in home appliances, trucking, fast food and discount consumer products, as Executive Vice President and…
CSX sets second-quarter financial record
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…
AARS offers scholarship for railway management course
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.
Gearing up for winter
Tools and techniques both new and old help railroads cope with weather extremes.
CN introduces new grain products for 2015-16 crop year
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…
Tobias steps down from CP board
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.
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