AAR’s John Gray: ‘Railroads are well prepared to support a strong recovery whenever it occurs’

The Association of American Railroads (AAR) today reported U.S. rail traffic for the week ending January 30, 2021, as well as volumes for January 2021. January 2021 U.S. railroads originated 930,303 carloads

Canadian Pacific ‘demonstrates resiliency’ during Q4 and full-year 2020

Canadian Pacific Railway Limited yesterday announced its fourth-quarter results, including revenues of $2.01 billion, a record-low operating ratio (“OR”) of 53.9 percent, diluted earnings per share (“EPS”) of $5.95 and record adjusted

AAR: Total carloads up, carloads flat, intermodal way up

The Association of American Railroads (AAR) today reported U.S. rail traffic for the week ending January 23, 2021. For this week, total U.S. weekly rail traffic was 529,030 carloads and intermodal units,

Norfolk Southern reports Q4 2020 and Full-Year 2020 earnings

Norfolk Southern Corporation today reported fourth-quarter and full-year 2020 financial results. Fourth-quarter net income was $671 million, diluted earnings per share were $2.64, and the operating ratio improved to an all-time quarterly

Canadian National

CN: ‘Solid quarterly performance drives results’

Canadian National [announced today] that its diluted earnings per share (EPS) grew 17 per cent, and 14 per cent on an adjusted basis in the fourth quarter, while free cash flow for

Kansas City Southern reports Q4 and 2020 full-year results

Kansas City Southern (KCS) (NYSE:KSU) reported strong fourth quarter and full year 2020 results, despite significant operating and economic challenges. Fourth Quarter 2020 Fourth quarter revenues were $693.4 million, a decrease of

Union Pacific reports fourth quarter and full year 2020 results

Union Pacific Corporation today reported 2020 fourth quarter net income of $1.4 billion, or $2.05 per diluted share. These results include a previously announced $278 million pre-tax, non-cash impairment charge. Excluding the

Oregon commission ready to approve two intermodal projects

It’s looking good for a pair of regional intermodal projects in Oregon. The Oregon Transportation Commission is expected to give the OK on Jan. 21 during a videoconference. Each project will receive

Association of American Railroads statement on Biden/Harris inauguration

AAR President and CEO Ian Jefferies issued the following statement congratulating Joseph R. Biden and Kamala Harris on their inauguration. “Congratulations to President Biden and Vice President Harris. Our new President and

Intermodal continues to be bedrock of weekly traffic increases

The Association of American Railroads (AAR) today reported U.S. rail traffic for the week ending January 16, 2021. For this week, total U.S. weekly rail traffic was 528,547 carloads and intermodal units,

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