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Daily Headlines

CP Rail to report Q2 2020 earnings on July 22

(Source: Canadian Pacific Railway press release, June 24, 2020) CALGARY — Canadian Pacific will release its second-quarter 2020 financial and operating results at 9:00 a.m. eastern time (7 a.m. mountain) on July 22, 2020. CP will discuss its results with the financial...

CSX to announce Q2 2020 earnings on July 22

(Source: CSX press release, June 24, 2020) JACKSONVILLE, Fla. — CSX Corp. will release second-quarter financial and operating results after the market close on Wednesday, July 22, 2020. This will be followed by a conference call and live webcast hosted by the...

KCS anticipates lower Q2 2020 revenue

(Source: Freight Waves, June 23, 2020) CHATTANOOGA, Tenn. — Kansas City Southern is bracing for lower revenues in the second quarter amid sharply lower rail volumes due to the coronavirus pandemic. The railroad estimates that second-quarter revenue could be $550...

BMWED warns members about COVID-19 exposure

(Source: Progressive Railroading, June 24, 2020) The Brotherhood of Maintenance of Way Employes Division-IBT announced late last week a rash of positive coronavirus cases among its members at several major railroads. Full story: Progressive Railroading

SMART-TD member from Los Angeles passes from COVID-19

(Source: SMART-TD press release, June 19, 2020) CLEVELAND, Ohio — General Chairperson John Ellis (Los Angeles County MTA) reports that Brother Wilfredo Corsino, a member out of Local 1607 (Los Angeles, Calif.), passed away on June 11 from COVID-19 complications....

Class I workforce continued to shrink in May

(Source: Progressive Railroading, June 23, 2020) Class Is employed 118,880 employees as of mid-May, down 4.46 percent from April and down 16.84 percent from May 2019 levels, according to Surface Transportation Board data. All six employment categories logged...

48 arrested attempting to illegally enter U.S. at El Paso rail crossing

(Source: Television station KFOX, June 22, 2020) EL PASO, Texas — U.S. Customs and Border Protection said it apprehended 48 people attempting to illegally enter the U.S. over Father’s Day weekend. All 48 were attempting to enter the U.S. as stowaways in rail cars,...

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