April 23, 2020 | CSX, Headlines, Quarterly Income
(Source: CSX press release, April 22, 2020) JACKSONVILLE, Fla. — CSX Corp. today announced first quarter 2020 net earnings of $770 million, or $1.00 per share, versus $834 million, or $1.02 per share in the same period last year. CSX’s operating ratio set a Class I...
April 23, 2020 | Headlines, Quarterly Income, UP
(Source: Freight Waves, April 23, 2020) CHATTANOOGA, Tenn. — Union Pacific’s net profits for the first quarter rose 7%, with the company reaching a record operating ratio (OR) despite lower revenues. Union Pacific (UP) announced its first-quarter 2020 net income was...
April 23, 2020 | Headlines, Quarterly Income, UP
(Source: Union Pacific press release, April 23, 2020) OMAHA, Neb. — Union Pacific Corporation today reported 2020 first quarter net income of $1.5 billion, or $2.15 per diluted share. This compares to $1.4 billion, or $1.93 per diluted share, in the first quarter...
April 22, 2020 | Headlines, Oil Train
(Source: Market Watch, April 22, 2020) NEW YORK — There is a chance that using empty railroad tank cars could solve the problem of too much oil and not enough storage, but that doesn’t mean it will happen anytime soon. Full story:...
April 22, 2020 | Amtrak, Headlines, NTSB
(Source: National Transportation Board press release, April 20, 2020) WASHINGTON, D.C. — The NTSB announced Monday the recategorization of three more safety recommendations from the agency’s 2019 – 2020 Most Wanted List of Transportation Safety Improvements, bringing...
