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
Watching an intermodal train roll by at track speed gives one a quick look at all of the different sizes of containers. Why are there different sizes? What are the economic factors
Canadian National yesterday reported its financial and operating results for the first quarter ended March 31, 2020. “CN’s team of dedicated railroaders has demonstrated the Company’s ability to overcome difficult situations and
Norfolk Southern’s Williamson Yard, in the southwestern portion of West Virginia, right on the Kentucky border, has been hit pretty hard by layoffs during the past year. About a month ago, the
Canadian Pacific has suffered two oil train derailments within the past several months. The first was in December 2019, and the second was in February 2020. The Canadian Transportation Safety Board (TSB)
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
CSX Corp. [yesterday] announced first quarter 2020 net earnings of $770 million, or $1.00 per share, versus $834 million, or $1.02 per share in the same period last year. CSX’s operating ratio
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
The Association of American Railroads (AAR) today reported U.S. rail traffic for the week ending April 18, 2020. For this week, total U.S. weekly rail traffic was 403,283 carloads and intermodal units,
Yesterday morning did not start well for a BNSF crew piloting a freight train along the banks of the Mississippi River in East Dubuque, IA. Rolling through this scenic area, the crew
On Friday, RT&S reported on the Notice of Funding Opportunity for consolidated rail infrastructure and safety improvements. Today, the FRA published the process for applying for grant money, along with additional details
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 U.S. Department of Transportation’s Federal Railroad Administration (FRA) issued a Notice of Funding Opportunity (NOFO) today for the Consolidated Rail Infrastructure and Safety Improvements (CRISI) Program. “We’re committed to addressing the
Due to the advent of precision scheduled railroading (PSR), Norfolk Southern has decided to sell a significant number of locomotives, according to a report in FreightWaves. The railroad has sold around 300
The general chairman of SMART United Transportation Union local 60, Jerome Johnson, alleges that NJ Transit is not living up to its promises around maintaining coronavirus cleanliness, according to a report in
Progress Rail, a Caterpillar company, has signed a contract with PT Kereta Indonesia (PT KAI) for 36 new EMD® GT38AC freight locomotives, expanding the public railway operator’s existing GT Series fleet. The
As the world continues to reel from the impact of the coronavirus, commuter rail operations have hit the skids. Earlier this week, RT&S reported on the troubles at MBTA in Boston, which
The Association of American Railroads (AAR) today reported U.S. rail traffic for the week ending April 11, 2020. For this week, total U.S. weekly rail traffic was 412,503 carloads and intermodal units,
RailWorks Corp., North America’s leading rail infrastructure solutions provider, was awarded a contract to provide its market-leading track and maintenance services for Maryland Department of Transportation Maryland Transit Administration (MDOT MTA) Metro
The Metropolitan Atlanta Rapid Transit Authority (MARTA) announced today it is taking additional steps to further support and protect employees and customers as the COVID-19 pandemic stretches into another month. In a
