October 22, 2021 | Headlines, Quarterly Income, UP
(Source: Dow Jones Newswires, October 21, 2021) NEW YORK — Union Pacific Corp. on Thursday logged higher earnings and revenue in the latest quarter, despite no growth in freight volumes. Union Pacific’s revenue rose 13% to $5.57 billion. Volumes as measured by...
October 22, 2021 | CSX, Headlines, Quarterly Income
(Source: CSX press release, October 20, 2021) JACKSONVILLE, Fla. — CSX Corp. today announced third quarter 2021 net earnings of $968 million, or $0.43 per share, compared to $736 million, or $0.32 per share in the same period last year. Third quarter 2021 operating...
October 22, 2021 | CSX, Headlines, Quarterly Income
(Source: Associated Press, October 20, 2021) OMAHA, Neb. — CSX delivered a 32% jump in third-quarter profit as the volume of goods it hauled increased even beyond last fall’s strong level. Shipping volume was up 3% overall across CSX’s network. The Jacksonville,...
October 22, 2021 | CSX, Headlines, Quarterly Income
(Source: Railway Age, October 20, 2021) NEW YORK — CSX on Oct. 20 reported third-quarter 2021 revenue of $3.29 billion, a 24% boost from the prior-year period, with a 3% increase in volume. Full story: Railway Age
October 22, 2021 | CP, Headlines, Quarterly Income
(Source: Canadian Press, October 20, 2021) CALGARY — Canadian Pacific Railway Ltd. lowered its volume outlook for the year as a weak grain crop and supply chain challenges weighed on its third-quarter results. The company said Wednesday that it now expects low...