November 8, 2022 | BNSF, Headlines, Quarterly Income
(Source: Trains Magazine, November 7, 2022) BNSF Railway’s profits declined in the third quarter due to a combination of lower volume and higher operating expenses. The railway’s operating income fell 7.1%, to $2.1 billion, on revenue of $6.5 billion, a 16.8%...
October 28, 2022 | CP, CP-KCS Merger, Headlines, Quarterly Income
(Source: Freight Waves, October 27, 2022) Canadian Pacific is eager to secure new business and expand existing opportunities as it gears up for a potential merger with Kansas City Southern in 2023, according to its executives during an earnings call to discuss the...
October 28, 2022 | Headlines, NS, Quarterly Income
(Source: Freight Waves, October 27, 2022) Although economic indicators hint at a softening market in the coming months, Norfolk Southern expects continuing improved service to support the railroad through the down cycle. Full story: Freight Waves
October 27, 2022 | Headlines, NS, Quarterly Income
(Source: Norfolk Southern press release, October 26, 2022) ATLANTA — Norfolk Southern Corporation today announced third quarter 2022 financial results which included records for railway operating revenues, income from railway operations, net income, and diluted...
October 27, 2022 | CP, Headlines, Quarterly Income
(Source: Canadian Pacific Railway press release, October 26, 2022) CALGARY — Canadian Pacific Railway Limited today announced its third-quarter 2022 results, including revenues of $2.31 billion, reported operating ratio (“OR”) of 59.5 percent, adjusted...
October 26, 2022 | Headlines, NS, Quarterly Income
(Source: Norfolk Southern press release, October 26, 2022) ATLANTA — Norfolk Southern Corporation today announced third quarter 2022 financial results which included records for railway operating revenues, income from railway operations, net income, and diluted...
October 26, 2022 | CN, Headlines, Quarterly Income
(Source: Canadian National Railway press release, October 25, 2022) MONTREAL — CN today reported its financial and operating results for the third quarter ended September 30, 2022. Diluted earnings per share (EPS) of C$2.13 increased by 40% on an adjusted basis, which...
October 20, 2022 | Headlines, Quarterly Income, UP
(Source: Associated Press, October 20, 2022) Union Pacific delivered 13% more profit in the third quarter, but the railroad predicted Thursday that its customers will ship fewer items than it expected, suggesting that the economy may be slowing down. Full story:...
October 20, 2022 | Headlines, Quarterly Income, UP
(Source: Union Pacific Railroad press release, October 20, 2022) OMAHA, Neb. — Union Pacific Corporation today reported 2022 third quarter net income of $1.9 billion, or $3.05 per diluted share. These results include a $114 million charge for a change to prior period...
October 5, 2022 | Headlines, NS, Quarterly Income
(Source: Norfolk Southern press release, October 4, 2022) ATLANTA — Norfolk Southern Corporation will announce its third quarter financial results during a live conference call and internet webcast at 8:45 a.m. ET on Wednesday, October 26, 2022. Quarterly earnings...
