December 4, 2024 | Amtrak, Headlines, Quarterly Income
(Source: CNN, December 3, 2024) Amtrak has reached a historic milestone, carrying 32.8 million passengers on the passenger rail system in fiscal year 2024. That’s a 15% increase from the previous fiscal year when it carried nearly 28.6 million riders, according to a...
November 5, 2024 | BNSF, Headlines, Quarterly Income
(Source: Trains.com, November 4, 2024) BNSF Railway’s profits, revenue, and volume all increased for the third quarter, thanks to surging intermodal and agricultural shipments. BNSF’s parent, Berkshire Hathaway, reported on Saturday that the railroad’s quarterly...
October 24, 2024 | CN, Headlines, Quarterly Income
(Source: CN press release, October 22, 2024) CN today reported its financial and operating results for the third quarter ended September 30, 2024. Quarterly highlights: Revenue ton miles (RTMs) of 56,548 (millions), an increase of 2%. Revenues of C$4,110 million, an...
October 24, 2024 | CPKC, Headlines, Quarterly Income
(Source: CPKC press release, October 23, 2024) Canadian Pacific Kansas City (CPKC) today announced its third-quarter results, including revenues of $3.5 billion, diluted earnings per share (EPS) of $0.90 and core adjusted combined diluted EPS of $0.99. Third-quarter...
October 24, 2024 | Headlines, Quarterly Income, UP
(Source: Union Pacific press release, October 24, 2024) Union Pacific Corporation today reported 2024 third quarter net income of $1.7 billion, or $2.75 per diluted share. This compares to 2023 third quarter net income of $1.5 billion, or $2.51 per diluted share....
October 23, 2024 | East Palestine-NS, Headlines, NS, Quarterly Income
(Source: Norfolk Southern press release, October 22, 2024) Norfolk Southern Corporation announced Tuesday its third quarter 2024 financial results. For the quarter, income from railway operations was $1.6 billion, the operating ratio was 47.7%, and diluted earnings...
October 17, 2024 | CSX, Headlines, Quarterly Income
(Source: CSX press release, October 16, 2024) CSX Corp. today announced third quarter 2024 operating income of $1.35 billion compared to $1.27 billion in the prior year period. Net earnings were $894 million, or $0.46 per diluted share, compared to $828 million, or...
August 6, 2024 | CSX, Headlines, Quarterly Income
(Source: Associated Press, August 5, 2024) CSX railroad’s second-quarter profit slipped 2% — even though the volume of its shipments was up by the same rate — as it scrambled to respond to the Baltimore bridge collapse in March that disrupted coal exports. CSX said...
August 6, 2024 | BNSF, Headlines, Quarterly Income
(Source: Trains.com, August 4, 2024) BNSF Railway boosted operating profits in the second quarter thanks to a combination of cost control and traffic volume gains. The railway on Saturday, Aug. 3, said its operating income increased 1%, to $1.8 billion, as revenue...
July 31, 2024 | CPKC, Headlines, Quarterly Income
(Source: Trains.com, July 30, 2024) Canadian Pacific Kansas City had a gangbuster second quarter as merger-related traffic synergies kicked in faster than expected and boosted revenue and profits, executives said on Tuesday. CPKC’s quarterly operating income —...
