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
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 (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 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
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
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
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,
The Association of American Railroads (AAR) today reported U.S. rail traffic for the week ending January 9, 2021. For this week, total U.S. weekly rail traffic was 525,253 carloads and intermodal units,
NTSB again stresses need for increased protection of high-hazard flammable material tankers, citing two recent derailments ‘Deeply troubled’ Transportation Secretary Chao resigns following D.C. violence Mexican freight train carrying automobiles derailed by
According to FreightWaves, a Ferrosur Co. freight train carrying passenger automobiles was intentionally derailed by armed vandals who cut the railroad’s tracks in Acultzingo, Mexico, which is approximately 100 miles away from
The Association of American Railroads (AAR) today reported U.S. rail traffic for the week ending January 2, 2021, as well as volumes for December 2020. U.S. railroads originated 1,101,324 carloads in December
The Association of American Railroads (AAR) today reported U.S. rail traffic for the week ending December 26, 2020. For this week, total U.S. weekly rail traffic was 405,111 carloads and intermodal units,
Editor’s Note: Today’s Association of American Railroads traffic report is similar to the association’s reports for the past several weeks. While intermodal continues to post strong increases over the same periods last
Yesterday, the New York Times reported that since the pandemic has forced many people to work from home (if they are able to do so), this is driving a significant increase in
Maintaining efficient railroad operations while ensuring overall safety is an essential part of the Federal Railroad Administration’s (FRA) mission. Automation-aided technologies have the potential to save lives and improve safety while improving
A $237 million highway/rail grade separation project on what is described as “the busiest, most congested at-grade rail junction and rail bottleneck in California” has been awarded a $100 million TCEP (Trade
The Association of American Railroads (AAR) today reported U.S. rail traffic for the week ending November 28, 2020, as well as volumes for November 2020. U.S. railroads originated 900,194 carloads in November
The Association of American Railroads (AAR) today reported U.S. rail traffic for the week ending November 21, 2020. For this week, total U.S. weekly rail traffic was 534,607 carloads and intermodal units,
The Association of American Railroads (AAR) today reported U.S. rail traffic for the week ending November 14, 2020. For this week, total U.S. weekly rail traffic was 527,462 carloads and intermodal units,
The Association of American Railroads (AAR) today reported U.S. rail traffic for the week ending November 7, 2020. For this week, total U.S. weekly rail traffic was 522,028 carloads and intermodal units,
BNSF recently reported its financial results for Q3 2020. Revenue was down 14.4 percent compared to Q3 2019 (bad) and the operating ratio was down to 59.7 percent compared to 62.6 percent