March 25, 2022 | CSX, Headlines, Quarterly Income
(Source: CSX press release, March 23, 2022) JACKSONVILLE, Fla. — CSX Corp. will release first quarter financial and operating results after the market close on Wednesday, April 20, 2022. This will be followed by a conference call and live webcast hosted by the...
March 9, 2022 | BNSF, Headlines, Quarterly Income
(Source: Trains Magazine, March 3, 2022) FORT WORTH, Texas — BNSF’s financial report suggests the railroad paid MRL around $2 billion to tear up the lease well before it was scheduled to expire in 2047. That’s right in line with independent analyst Anthony B. Hatch’s...
March 8, 2022 | BNSF, Headlines, Quarterly Income
(Source: Freight Waves, February 28, 2022) CHATTANOOGA, Tenn. — BNSF’s fourth-quarter 2021 net profit rose 13% amid an 11% gain in revenues, the western U.S. railroad reported. Total revenues rose 11% in the fourth quarter to $6.3 billion. Net income was $1.7 billion...
March 7, 2022 | BNSF, Headlines, Quarterly Income
(Source: Trains Magazine, February 27, 2022) OMAHA, Neb. — BNSF Railway produced record profits in 2021 amid broad growth in traffic and revenue. For the year, BNSF’s operating income surged 13.7%, to $8.8 billion, as revenue rose 11.6%, to $22.5 billion, the...
January 28, 2022 | CP, Headlines, Quarterly Income
(Source: Canadian Pacific Railway press release, January 27, 2022) CALGARY — Canadian Pacific Railway Limited today announced its fourth-quarter results, including revenues of $2.04 billion, operating ratio (“OR”) of 59.2 percent, adjusted OR1 of 57.5...
January 27, 2022 | Headlines, NS, Quarterly Income
(Source: Associated Press, January 26, 2021) OMAHA, Neb. — Norfolk Southern railroad delivered 13% greater profit in the fourth quarter even though the amount of cargo it transported declined because it was able to raise rates. The Atlanta-based company said it earned...
January 26, 2022 | Headlines, NS, Quarterly Income
(Source: Norfolk Southern press release, January 26, 2022) ATLANTA — Norfolk Southern Corporation today reported fourth-quarter and full-year 2021 financial results which included fourth-quarter and full-year records for income from railway operations and operating...
January 26, 2022 | CN, Headlines, Quarterly Income
(Source: Canadian National Railway press release, January 25, 2022) MONTREAL — CN today reported its financial and operating results for the fourth quarter and year ended December 31, 2021. CN delivered solid operating and financial performance across the board, with...
January 21, 2022 | CSX, Headlines, Quarterly Income
(Source: Railway Age, January 20, 2022) NEW YORK — CSX was the second Class I railroad to report fourth-quarter 2021 financial results on Jan. 20; it posted net earnings of $934 million (or $0.42 per share), a 22% boost from the prior-year period’s $760 million (or...
January 21, 2022 | CSX, Headlines, Quarterly Income
(Source: CSX press release, January 20, 2022) JACKSONVILLE, Fla. — CSX Corp. today announced fourth quarter 2021 net earnings of $934 million, or $0.42 per share, compared to $760 million, or $0.33 per share in the same period last year. Fourth quarter 2021 operating...
