Union Pacific Corporation (NYSE: UNP) today reported 2020 third quarter net income of $1.4 billion, or $2.01 per diluted share. This compares to $1.6 billion, or $2.22 per diluted share, in the
CSX Corp. [yesterday] announced third quarter 2020 net earnings of $736 million, or $0.96 per share, versus $856 million, or $1.08 per share in the same period last year. Despite lower economic
The Association of American Railroads (AAR) today reported U.S. rail traffic for the week ending October 17, 2020. For this week, total U.S. weekly rail traffic was 518,763 carloads and intermodal units,
Canadian National [yesterday] reported its financial and operating results for the third quarter ended September 30, 2020. “CN’s people never stopped working since the beginning of the pandemic and I am proud
Canadian Pacific Railway Limited today announced third-quarter revenues of $1.86 billion, diluted earnings per share (“EPS”) of $4.41, adjusted diluted EPS of $4.12 and an operating ratio of 58.2 percent. “This quarter
Beachgoers do not want anything to get in their way from enjoying a day on the coast, but the North County Transit District (NCTD) is saying enough is enough. There are plans
HART’s cost overruns for light-rail project have not reached a ceiling Initiative 976 struck down by Washington State Supreme Court CSX suffers derailment in Atlanta suburb Maryland takes over Purple Line project
Yesterday, RT&S published a story about Metra bringing suit against Union Pacific for breach of contract. You can read that story via the preceding link. Today, Union Pacific responded to our report
While the pandemic has certainly impacted rail revenues in 2020, including in the third quarter, no one really knew what to expect from the Q3 2020 earnings reports. Kansas City Southern released
Ed. Note: Union Pacific has responded to our story on the Metra lawsuit. Please follow the preceding link to read their statement. DCL Metra [yesterday] sued Union Pacific Railroad for breach of
The Association of American Railroads (AAR) today reported U.S. rail traffic for the week ending October 10, 2020. For this week, total U.S. weekly rail traffic was 520,452 carloads and intermodal units,
The Port of Virginia needs to complete a rail yard expansion at its Norfolk International Terminals, and will receive a federal grant of just over $20 million through the U.S. DOT’s Port
According to the New York Times, Louisiana has been hit by six major storms since June 2020, and the cleanup from Hurricane Laura, which hit the state in August, is still not
The Association of American Railroads (AAR) today reported U.S. rail traffic for the week ending October 3, 2020, as well as volumes for September 2020. U.S. railroads originated 1,119,546 carloads in September 2020,
PS Technology (PST) has released Precision Train Builder, which the company says “is designed for analyzing derailments and improving the safety of train operations by physically accurate simulation. Precision Train Builder (PTB)
Hurricane season is continuing to throw fast pitches in the Gulf Coast strike zone. Norfolk Southern released a service alert yesterday regarding Tropical Storm Delta, which is reproduced below. The New York
Canada’s Class 1 railroads, Canadian National and Canadian Pacific are reporting record numbers for grain movements in the third quarter. Canadian National reported that it moved 7.76 million metric tons (MMT) (8.5
The Association of American Railroads (AAR) today reported U.S. rail traffic for the week ending September 26, 2020. For this week, total U.S. weekly rail traffic was 518,290 carloads and intermodal units,
With all the forest fires burning out west these days, it’s nice to see aviation doing something other than dumping fire repellent around railroad tracks. In Vermont, a helicopter is being used
No one needs to officially see this permit to know it is legit. President Trump made an announcement via Twitter that he has issued a Presidential Permit for the construction of a