Union Pacific Corp. said Thursday its second-quarter profit rose 28% to $1 billion, or $2.10 a share, from $785 million, or $1.59, a year ago.
July 19, 2012Business, Logistics
Union Pacific’s 3Q Income Rises, CSX’s Slips
Two of the largest U.S. freight railroads reported third-quarter results, with intermodal revenue rising at both companies.
October 18, 2012Business, Logistics
Norfolk Southern’s 2Q Profit Drops
Norfolk Southern Corp. said its second-quarter profit dropped 6%, but income from railway operations rose 7% to $934 million.
July 25, 2012Business, Logistics
Union Pacific’s 2Q Earnings Rise 28%
Business, Logistics
Canadian Pacific Resumes Operations as Strike Ends
Canadian Pacific Railway resumed operations Friday morning after a week-long strike, Reuters reported.
June 1, 2012Business, Logistics
CP Railroad Strike Likely to Continue Through Friday
A strike at Canadian Pacific Railway will continue at least until Friday, due to passage by Canada’s opposition Liberal party to delay passage of back-to-work legislation, Reuters reported.
May 30, 2012Business, Logistics
Strike Halts CP Rail Freight in Canada
Canadian Pacific Railway suspended its freight service across Canada after engineers, conductors and other workers went on strike, the Canadian Press reported Wednesday.
May 23, 2012Business, Logistics
Kansas City Southern Posts Higher 1Q Profit
Kansas City Southern on Tuesday reported its first-quarter earnings rose to $75 million, or 68 cents a share, from $64 million, or 58 cents, the previous year.
April 24, 2012Business, Logistics
Canadian Railroads Report Higher Earnings
Canada’s two biggest freight railroads reported higher earnings for the first quarter.
April 24, 2012Business, Logistics
CSX Reports Gains in 1Q Income, Revenue
CSX Corp. on Tuesday said its first-quarter earnings rose on higher volume, pricing gains and fuel recovery.
April 17, 2012Government, Business, Logistics
Railroad Crossing Rule Still Being Considered
While the notion that trucks should not stop on a railroad track seems to make a lot of sense, federal regulars have yet to finalize a proposed federal railroad grade crossing rule that they say would save lives.
April 10, 2012