BNSF reports Q1 2020 financial results
BNSF released its Q1 2020 financial results this weekend. Statement of Income (in millions) Q1 – 2020 Q1 – 2019 Q/Q % Change Total revenues $ 5,417 $ 5,762 (6)% Operating expenses
BNSF released its Q1 2020 financial results this weekend. Statement of Income (in millions) Q1 – 2020 Q1 – 2019 Q/Q % Change Total revenues $ 5,417 $ 5,762 (6)% Operating expenses
Union Pacific train derails in downtown Rockford, Ill. Groups want transit, not highway work, in New Jersey. Repairs to Ottawa light rail line will be done sooner. Sound Transit tries to figure
Union Pacific announced that it is furloughing the majority of workers at its Jenks Locomotive Facility in North Little Rock, Arkansas. In addition, the shop will temporarily close, and these actions are
Sometimes when you are moving down the street you become the Grand Marshal of the unexpected. On Monday, a Union Pacific train derailed in downtown Rockford, Ill., and the Class 1 railroad
The Department of Energy submitted a report to Congress on Tuesday that concluded, essentially, that Bakken crude oil is not any more volatile than other types of oil. The study was done
Following is a staff report from the editors at Railway Age, Railway Track & Structures and International Railway Journal that will be continuously updated with the latest developments surrounding the COVID-19 pandemic
To ensure that social distancing will not be an obstacle to sharing the Association of American Railroads’ (AAR) important industry research, the 25th Annual AAR Research Review will be held in a new all-digital webinar format.
The Association of American Railroads (AAR) today reported U.S. rail traffic for the week ending April 25, 2020. For this week, total U.S. weekly rail traffic was 414,123 carloads and intermodal units,
Norfolk Southern Corporation today reported first-quarter financial results of net income equal to $381 million, diluted earnings per share of $1.47, and an operating ratio of 78.4%. These results include a $385
Why have several dump trucks when you can have a dump train? Officials in New Windsor, Md., are seeing the benefits of using rail for a stormwater project, which began in mid-April
Watching an intermodal train roll by at track speed gives one a quick look at all of the different sizes of containers. Why are there different sizes? What are the economic factors
Canadian National yesterday reported its financial and operating results for the first quarter ended March 31, 2020. “CN’s team of dedicated railroaders has demonstrated the Company’s ability to overcome difficult situations and
A train derailment in Marysville, Perry County, Pa., was still on display on Friday as investigators work to find out exactly what happened. Crews and the Norfolk Southern police were looking into
Norfolk Southern’s Williamson Yard, in the southwestern portion of West Virginia, right on the Kentucky border, has been hit pretty hard by layoffs during the past year. About a month ago, the
Canadian Pacific has suffered two oil train derailments within the past several months. The first was in December 2019, and the second was in February 2020. The Canadian Transportation Safety Board (TSB)
When the problem is half-fixed, you still have a problem remaining. That is the case for a pair of railroad tracks in Durham, N.C. CBS 17 did a story on the crossing
Union Pacific Corporation today reported 2020 first quarter net income of $1.5 billion, or $2.15 per diluted share. This compares to $1.4 billion, or $1.93 per diluted share, in the first quarter
CSX Corp. [yesterday] announced first quarter 2020 net earnings of $770 million, or $1.00 per share, versus $834 million, or $1.02 per share in the same period last year. CSX’s operating ratio
Canadian Pacific Railway Limited today announced first-quarter operating results, including revenues of $2.04 billion, an operating ratio (“OR”) of 59.2 percent, diluted earnings per share (“EPS”) of $2.98 and adjusted diluted EPS
The Association of American Railroads (AAR) today reported U.S. rail traffic for the week ending April 18, 2020. For this week, total U.S. weekly rail traffic was 403,283 carloads and intermodal units,