This week, the Transportation Safety Board of Canada (TSB) reported that the April 2019 derailment of a VIA Rail passenger train traveling eastward at 60 mph on Canadian National’s (CN) New Castle
In 2009, a Metro train crashed and killed nine people. In 2015, there was a major smoke problem that killed one passenger and left many injured. Although they happened years ago, these
Norfolk Southern Corporation (NYSE: NSC) today reported second-quarter financial results. Second-quarter net income was $392 million, diluted earnings per share were $1.53 and the operating ratio was 70.7 percent. “In a period
Union Pacific Corporation today reported 2020 second quarter net income of $1.1 billion, or $1.67 per diluted share. This compares to $1.6 billion, or $2.22 per diluted share, in the second quarter
Canadian Pacific demonstrates resiliency of the PSR operating model, reports record-low Q2 operating ratio
Canadian Pacific Railway Limited [yesterday] announced second-quarter results, including revenues of $1.79 billion, diluted earnings per share (“EPS”) of $4.66, adjusted diluted EPS of $4.07 and an operating ratio of 57.0 percent.
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
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
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
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
Kansas City Southern reported record revenues of $731.7 million, an increase of 8% from first quarter 2019. Overall, carload volumes were up 4% compared to prior year. First Quarter 2020 First quarter
The Georgia ports of Savannah and Brunswick have continued to operate since the coronavirus landed on U.S. shores, and they turned in record performances during the month of February. The Port of
Norfolk Southern’s short line partner, Pan Am Southern, suffered a partial tunnel wall collapse in mid-February. NS is now reporting that the line which passes through the tunnel will be out of
RailWorks, a company specializing in rail transit and track, suffered a ransomware attack and data breach on January 27, 2020, according to a report in the computer journal, BleepingComputer, an information security
FreightWaves is reporting that BNSF has released financial results for Q4 2019 and overall 2019. As has been the case with other Class Ones this year, BNSF reports that profits were up
Canadian National today reported its financial and operating results for the fourth quarter and year ended December 31, 2019.
Canadian Pacific Railway Limited today announced its fourth-quarter results, including record revenues of $2.07 billion, an operating ratio (“OR”‘) of 57.0 percent, improved diluted earnings per share (“EPS”) of $4.82 and record
Norfolk Southern Corporation today reported fourth-quarter and full-year 2019 financial results.
Union Pacific Corporation today reported 2019 fourth quarter net income of $1.4 billion, or $2.02 per diluted share. This compares to $1.6 billion, or $2.12 per diluted share, in the fourth quarter
Kansas City Southern (KCS) (NYSE:KSU) reported strong fourth quarter and full year 2019 results, driven by implementation of Precision Scheduled Railroading (PSR) principles. Fourth Quarter 2019 Fourth quarter revenues were $729.5 million,
The Reading & Northern Railroad (R&N) had another banner year breaking previous records for carloadings, freight revenue, and excursion ticket sales. Despite the fact that the national rail freight industry suffered a