The Port of Savannah handled an all-time record of nearly 500,000 twenty-foot equivalent container units in March, an increase of more than 48%, or 162,275 TEUs, compared to the same month in 2020.
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
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
Union Pacific Corporation (NYSE: UNP) today reported 2020 third quarter net income of $1.4 billion, or $2.01 per diluted share. This compares to $1.6 billion, or $2.22 per diluted share, in the
Canadian National [yesterday] reported its financial and operating results for the third quarter ended September 30, 2020. “CN’s people never stopped working since the beginning of the pandemic and I am proud
Canadian Pacific Railway Limited today announced third-quarter revenues of $1.86 billion, diluted earnings per share (“EPS”) of $4.41, adjusted diluted EPS of $4.12 and an operating ratio of 58.2 percent. “This quarter
While the pandemic has certainly impacted rail revenues in 2020, including in the third quarter, no one really knew what to expect from the Q3 2020 earnings reports. Kansas City Southern released
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 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
