RailWorks reports data breach
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
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BNSF reports Q4 2019 and overall 2019 financial results
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 reports fourth-quarter and full-year 2019 results
Canadian National today reported its financial and operating results for the fourth quarter and year ended December 31, 2019.
Canadian Pacific reports record fourth-quarter and full-year 2019 results
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 reports fourth-quarter and full-year 2019 results
Norfolk Southern Corporation today reported fourth-quarter and full-year 2019 financial results.
Union Pacific reports fourth quarter and full year 2019 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 reports strong fourth quarter and full-year 2019 results
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,
Reading & Northern reports record 2019 growth
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
Canadian National reports network recovery from strike
Canadian National announced today that less than a month after the end of the 8-day labour action, performance indicators have normalized to pre-strike ranges indicating that train movements have recovered.
AAR reports rail traffic for week ending November 30, 2019
The Association of American Railroads (AAR) today reported U.S. rail traffic for the week ending November 30, 2019, as well as volumes for November 2019.
Genesee & Wyoming North America reports drop in third-quarter net profit
FreightWaves is reporting that Genesee & Wyoming North America reported a small drop in Q3 2019 operating revenue compared to the same quarter last year. Genesee & Wyoming North America operating income,
FRA reports says a signal malfunction caused Memorial Day weekend crash on the Long Island Rail Road
The Federal Railroad Administration (FRA) says a Memorial Day weekend collision involving two Long Island Rail Road (LIRR) trains was “a signal-caused accident.”
Canadian Pacific reports record Q3 revenue and record Q3 operating ratio
Canadian Pacific Railway Limited today announced record third-quarter revenues of $1.98 billion, and reported diluted earnings per share (EPS) of $4.46, or $4.61 on an adjusted diluted EPS basis. The Company also
Association of American Railroads reports traffic for the week ending October 19, 2019
The Association of American Railroads (AAR) yesterday reported U.S. rail traffic for the week ending October 19, 2019. For this week, total U.S. weekly rail traffic was 507,381 carloads and intermodal units,
Union Pacific reports Q3 results
Union Pacific Corporation today reported 2019 third quarter net income of $1.6 billion, or $2.22 per diluted share. This compares to $1.6 billion, or $2.15 per diluted share, in the third quarter
Association of American Railroads reports rail traffic for week ending September 14, 2019
The Association of American Railroads (AAR) today reported U.S. rail traffic for the week ending September 14, 2019. For this week, total U.S. weekly rail traffic was 526,734 carloads and intermodal units,
GAO reports PTC focus turning to interoperability
The Government Accounting Office released a statement yesterday pointing out that much work remains to be done for the railroad industry to achieve interoperability among individual PTC systems. The statement says “Full
Canadian National reports record Q2 results for 2019
Canadian National Railway reported record second-quarter financial results for 2019.
Kansas City Southern reports record second quarter results
Second Quarter 2019 Results Record revenues of $714 million, an increase of 5 percent from prior year on flat volumes Operating income of $208 million. Record adjusted operating income of $259 million,
Union Pacific reports record Q2 financial results
Union Pacific Corporation (NYSE: UNP) today reported 2019 second quarter net income of $1.6 billion, or $2.22 per diluted share. This compares to $1.5 billion, or $1.98 per diluted share, in the