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Daily Headlines

CN reports Q4 and full-year 2019 results

(Source: CN press release (PDF), January 28, 2020) MONTREAL — CN today reported its financial and operating results for the fourth quarter and year ended December 31, 2019. “We remain focused on executing our strategy of long-term sustainable growth at low incremental...

CP Rail reports Q4 and full year 2019 results

(Source: Canadian Pacific Railway press release, January 29, 2020) CALGARY — Canadian Pacific Railway Limited today announced its fourth-quarter results, including record revenues of $2.07 billion, an operating ratio ("OR"') of 57.0 percent, improved diluted earnings...

Norfolk Southern reports fourth quarter and full year 2019 results

(Source: Norfolk Southern press release, January 29, 2020) NORFOLK, Va. — Norfolk Southern Corporation today reported fourth-quarter and full-year 2019 financial results. Net income was $666 million and diluted earnings per share were $2.55 for the fourth quarter and...

Derailed locomotive removed from Kootenai River

(Source: Bonners Ferry Herald, January 27, 2020) MOYIE SPRINGS, Idaho — Trains traditionally use a bridge to cross a river. But last weekend, aided by numerous air bags attached by divers, the final BNSF locomotive that remained in the Kootenai River after the New...

U.S. Class I employment dipped in December

(Source: Progressive Railroading, January 27, 2020) As of mid-December 2019, Class Is employed 131,486 people, down 1.31 percent since November's level and down 11 percent from December 2018's count, according to Surface Transportation Board (STB) data. All six...

Train safety investigator wants RCMP to probe fatal CP mountain crash

(Source: www.cbc.ca, January 27, 2020) MONTREAL — The lead safety investigator looking into the fatal runaway crash of a Canadian Pacific Railway freight train last February at the Spiral Tunnels near Field, B.C., says the Royal Canadian Mounted Police (RCMP) should...

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