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
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.
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.
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,
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 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
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 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
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,
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 Railway reported record second-quarter financial results for 2019.
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 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
Canadian Pacific Railway Limited (TSX: CP) (NYSE: CP) today announced record second-quarter revenues of $1.98 billion, an increase of 13 percent from last year, and record earnings per share (EPS) with reported
South Carolina will spend hundreds of millions of dollars to solidify its place as the fastest-growing East Coast container gateway.
The Florida Department of Transportation (FDOT) awarded $2.7 million to the Hillsborough Area Regional Authority (HART) that will support greater service and provide free rides on the TECO Line Streetcar for the
An analysis released by the American Public Transportation Association (APTA) has concluded that the nation’s commuter rail industry continued to make progress in its positive train control (PTC) implementation efforts during the first quarter of 2018.
Union Pacific (UP) has shared recent strides it has made toward the required implementation of positive train control (PTC) as federal deadlines loom ahead.
