July 23, 2020 | CP, Headlines, Quarterly Income
(Source: Canadian Pacific Railway press release, July 22, 2020) CALGARY — Canadian Pacific Railway Limited today announced second-quarter results, including revenues of $1.79 billion, diluted earnings per share (“EPS”) of $4.66, adjusted diluted EPS of...
July 23, 2020 | CSX, Headlines, Quarterly Income
(Source: Freight Waves, July 22, 2020) CHATTANOOGA, Tenn. — Second-quarter net profits for CSX slipped 43% amid a pandemic-induced 26% drop in revenue. Second-quarter revenue fell 26% to $2.26 billion amid lower economic activity driven by the COVID-19 pandemic, CSX...
July 23, 2020 | CSX, Headlines, Quarterly Income
(Source: CSX press release, July 22, 2020) JACKSONVILLE, Fla. — CSX Corp. today announced second quarter 2020 net earnings of $499 million, or $0.65 per share, versus $870 million, or $1.08 per share in the same period last year. “I want to extend my gratitude to all...
July 23, 2020 | Headlines, Quarterly Income, UP
(Source: Freight Waves, July 23, 2020) CHATTANOOGA, Tenn. — Net profit for Union Pacific in the second quarter fell 28% amid a 20% decline in volumes resulting from the economic impact of the coronavirus pandemic. Second-quarter net income totaled $1.1 billion, or...
July 23, 2020 | Headlines, Quarterly Income, UP
(Source: Union Pacific press release, July 23, 2020) OMAHA, Neb. — Union Pacific Corporation today reported 2020 second quarter net income of $1.1 billion, or $1.67 per diluted share. This compares to $1.6 billion, or $2.22 per diluted share, in the second quarter...
July 22, 2020 | CN, Headlines, Quarterly Income
(Source: Canadian National Railway press release, July 21, 2020) MONTREAL — CN today reported its financial and operating results for the second quarter ended June 30, 2020. “By being adaptable, we were able to swiftly rightsize our resources and continue to...
July 22, 2020 | CN, Headlines, Quarterly Income
(Source: Freight Waves, July 21, 2020) CHATTANOOGA, Tenn. — The COVID-19 pandemic hit Canadian railway CN’s second-quarter profits, with lower rail volumes resulting in a 19% decline in quarterly revenue. CN’s second-quarter net income on an unadjusted basis totaled...
July 21, 2020 | Headlines, KCS, Quarterly Income
(Source: Supply Chain Dive, July 20, 2020) WASHINGTON, D.C. — Some of Kansas City Southern’s (KCS) metrics related to precision-scheduled railroading (PSR) metrics slipped in the second quarter compared to the first quarter, as volume began to return the...
July 20, 2020 | Headlines, KCS, Quarterly Income
(Source: Kansas City Southern press release (PDF), July 17, 2020) KANSAS CITY, Mo. — Kansas City Southern (KCS) reported revenues of $547.9 million, a decrease of 23% from second quarter 2019. Overall, carload volumes were down 21% compared to prior year. Second...
July 20, 2020 | Headlines, KCS, Quarterly Income
(Source: Freight Waves, July 17, 2020) CHATTANOOGA, Tenn. — Kansas City Southern’s second-quarter revenue dipped 23% amid a 21% drop in carload volumes. Revenue in the second quarter of 2020 totaled $547.9 million, down 23% from the same period in 2019 as demand...
