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BNSF reports Q2 2024 results

The railway on Saturday, Aug. 3, said its operating income increased 1%, to $1.8 billion, as revenue declined 2%, to $5.7 billion.

CPKC reports Q2 2024 results

CPKC’s quarterly operating income — adjusted to reflect the April 14, 2023, CP-KCS merger as if it occurred on Jan. 1 — increased 17%, to $1.37 billion, as adjusted revenue grew 8%, to $3.6 billion.

Union Pacific interfered in federal safety audit

Senator Maria Cantwell said she was opening a probe into Union Pacific’s actions after the Federal Railroad Administration told the committee this month it was forced to discontinue its assessment “due to Union Pacific’s actions to undermine the integrity of the assessment process.”

Union Pacific reports Q2 2024 results

Quarterly operating income increased 9%, to $2.4 billion, as revenue grew 1%, to $6 billion. Earnings per share rose 7%, to $2.74. UP’s operating ratio improved 3 points, to 60%.

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