September 22, 2022 | Headlines, Quarterly Income, UP
(Source: Union Pacific press release, September 22, 2022) Union Pacific Corporation will release third quarter 2022 financial and operating results on Thursday, Oct. 20, 2022, at 7:45 a.m. ET. The company’s management team will host a conference call and live...
August 9, 2022 | BNSF, Headlines, Quarterly Income
(Source: Freight Waves, August 8, 2022) BNSF’s second-quarter net profit rose 10% year over year amid higher freight revenue and despite lower rail volumes. Net income for the western U.S. railroad the second quarter of 2022 was $1.66 billion, compared with nearly...
August 8, 2022 | BNSF, Headlines, Quarterly Income
(Source: Associated Press, August 6, 2022) Warren Buffett’s company reported a $43.76 billion loss in the second quarter as the paper value of its investments plummeted, but Berkshire Hathaway’s many operating companies generally performed well suggesting the overall...
July 29, 2022 | CN, CP, CP-KCS Merger, Headlines, PSR, Quarterly Income
(Source: Freight Waves, July 28, 2022) Deploying precision scheduled railroading (PSR) is an art and a process, and the operational model shouldn’t be blamed for poor rail service, Canadian Pacific President and CEO Keith Creel told investors during a second-quarter...
July 28, 2022 | Headlines, NS, Quarterly Income
(Source: Associated Press, July 27, 2022) Norfolk Southern continued to struggle with the delivery delays that have plagued freight railroads this year and reported flat second-quarter profit as the number of shipments it delivered slipped 3%. The railroad used rate...
July 28, 2022 | CP, Headlines, Quarterly Income
(Source: Canadian Pacific Railway press release, July 28, 2022) CALGARY — Canadian Pacific Railway Limited today announced its second-quarter 2022 results, including revenues of $2.20 billion, reported operating ratio (“OR”) of 60.6 percent, adjusted...
July 27, 2022 | Headlines, NS, Quarterly Income
(Source: Norfolk Southern press release, July 27, 2022) ATLANTA — Norfolk Southern Corporation today announced second quarter 2022 financial results which included quarterly records for railway operating revenues, income from railway operations, and diluted earnings...
July 27, 2022 | CN, Headlines, Quarterly Income
(Source: Canadian National Railway press release, July 26, 2022) MONTREAL — CN today reported its financial and operating results for the second quarter ended June 30, 2022. Financial performance improved year-over-year with record adjusted diluted earnings per share...
July 27, 2022 | CN, Headlines, Quarterly Income
(Source: Bloomberg News, July 26, 2022) Canadian National Railway Co. reported earnings that easily beat analysts’ estimates, as strong volumes allowed the railroad to increase prices and fuel surcharges to offset rising costs. Revenue in the second quarter was C$4.34...
July 22, 2022 | Headlines, Quarterly Income, UP
(Source: Union Pacific press release, July 21, 2022) OMAHA, Neb. — Union Pacific Corporation today reported 2022 second quarter net income of $1.8 billion, or $2.93 per diluted share. This compares to 2021 second quarter net income of $1.8 billion, or $2.72 per...
