BNSF cites pandemic for revenue drop, but improves operating ratio
Ed. Note: This is the seventh Q2 2020 earnings report we’ve posted, which covers all seven Class 1 railroads. Links to the earnings of the other six Class 1s can be found
Q2 2020 earnings report
Union Pacific reports second quarter 2020 results
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.
CN’s quarterly results demonstrate railroad’s resiliency during unprecedented economic times
Company Contributing to Economic Recovery Through Reaffirmed and New Investments Canadian National today reported its financial and operating results for the second quarter ended June 30, 2020. “By being adaptable, we were able
It’s earnings report season, and Kansas City Southern kicks it off
Kansas City Southern reported today that Q2 2020 revenues were $547.9 million, representing a 23% drop in revenues compared to Q2 2019. In addition, carload volumes were down 21% compared to the