April 27, 2022 | CN, Headlines, Quarterly Income
(Source: Canadian National Railway press release, April 26, 2022) MONTREAL — CN today reported its financial and operating results for the first quarter ended March 31, 2022. CN delivered sound operating and financial performance across the board, with adjusted...
April 27, 2022 | Headlines, PSR, Quarterly Income, UP
(Source: Freight Waves, April 21, 2022) CHATTANOOGA, Tenn. — Service issues Union Pacific experienced in the first quarter weren’t due to precision scheduled railroading but to crew shortages, executives told investors during UP’s first-quarter 2022 earnings call...
April 22, 2022 | CSX, Headlines, Quarterly Income
(Source: Railway Age, April 20, 2022) NEW YORK — CSX’s first-quarter 2022 financials included whopping increases of 21% in net earnings and 26% in diluted earnings per share, despite a drop in volume. CSX’s 1Q22 net earnings of $859 million, or $0.39 per share,...
April 22, 2022 | CSX, Headlines, Quarterly Income
(Source: CSX press release, April 20, 2022) JACKSONVILLE, Fla. — CSX Corp. today announced first quarter 2022 net earnings of $859 million, or $0.39 per share, compared to $706 million, or $0.31 per share in the same period last year. First quarter 2022 operating...
April 22, 2022 | Headlines, PSR, Quarterly Income, UP
(Source: S&P Global Platts, April 21, 2022) HOUSTON — Union Pacific and other major railroads said they are acting aggressively to solve their workforce woes and operations inefficiencies to move more petroleum, coal, agriculture and other products amid growing...
April 21, 2022 | Headlines, Quarterly Income, UP
(Source: Union Pacific press release, April 21, 2022) OMAHA, Neb. — Union Pacific Corporation today reported 2022 first quarter net income of $1.6 billion, or $2.57 per diluted share. This compares to 2021 first quarter net income of $1.3 billion, or $2.00 per diluted...
April 21, 2022 | Headlines, Quarterly Income, UP
(Source: Reuters, April 21, 2022) OMAHA, Neb. — Union Pacific Corp. said on Thursday congestion on tracks was hurting its ability to meet shipping demand even as price hikes helped the U.S. railroad operator top market expectations for quarterly results. Total...
April 20, 2022 | Headlines, Quarterly Income
(Source: Freight Waves, April 19, 2022) CHATTANOOGA, Tenn. — As the Class I railroads gear up for earnings season this week and next, commentary about the first quarter of 2022 will likely include discussion about how the railroads’ recent hiring initiatives will...
April 7, 2022 | Headlines, NS, Quarterly Income
(Source: Norfolk Southern press release, April 5, 2022) ATLANTA — Norfolk Southern Corporation will announce its first-quarter financial results during a live conference call and internet webcast at 8:45 a.m. ET on Wednesday, April 27, 2022. Quarterly earnings results...
March 25, 2022 | Headlines, Quarterly Income, UP
(Source: Union Pacific press release, March 24, 2022) OMAHA, Neb. — Union Pacific Corporation will release first quarter 2022 financial and operating results on Thursday, April 21, 2022, at 7:45 a.m. ET. The company’s management team will host a conference call and...
