March 20, 2020 | Headlines, KCS, Quarterly Income
(Source: Kansas City Southern press release, March 20, 2020) KANSAS CITY, Mo. — Kansas City Southern (KCS) will release its first quarter 2020 financial results on Friday, April 17, 2020, before the opening of trading on the New York Stock Exchange. KCS will also hold...
February 25, 2020 | BNSF, Headlines, Quarterly Income
(Source: S&P Global Platts, February 24, 2020) HOUSTON — BNSF Railway saw a decrease in coal volumes and revenue in 2019, primarily as the result of lower natural gas prices and adverse weather conditions, the company reported Monday. The Fort Worth, Texas-based...
February 25, 2020 | BNSF, Headlines, Quarterly Income
(Source: Freight Waves, February 24, 2020) CHATTANOOGA, Tenn. — A reduction in operating expenses helped Western U.S. railroad BNSF achieve a 4% increase in fourth-quarter net profit and a 5% increase in annual net profit despite lower revenues on both a quarterly and...
February 13, 2020 | CSX, Headlines, Quarterly Income
(Source: CSX press release, February 12, 2020) JACKSONVILLE, Fla. — CSX today announced that the Company’s board of directors has authorized an 8% increase in its quarterly dividend, from $0.24 to $0.26 per share. The new $0.26 quarterly dividend is payable March 13,...
January 31, 2020 | CN, Headlines, Quarterly Income
(Source: Canadian Press, January 29, 2020) MONTREAL — Canadian National Railway Co. saw its profits plunge last quarter with a week-long strike and thinner freight demand denting revenues, though CEO JJ Ruest expressed cautious optimism about the second half of 2020....
January 30, 2020 | CP, Headlines, Quarterly Income
(Source: Reuters, January 29, 2020) NEW YORK — Canadian Pacific Railway Ltd topped analysts’ estimates for quarterly profit helped by higher freight revenue from crude shipments, and the company said it expects the U.S.-China trade deal to lift grain volumes in 2020...
January 29, 2020 | Headlines, NS, Quarterly Income
(Source: Norfolk Southern press release, January 28, 2020) NORFOLK, Va. — Norfolk Southern Corporation today announced a regular quarterly dividend of 94 cents per share on its common stock. The dividend is payable March 10 to shareholders of record on Feb. 7. Norfolk...
January 29, 2020 | CP, Headlines, Quarterly Income
(Source: Canadian Press, January 29, 2020) CALGARY — Canadian Pacific Railway says it earned a fourth-quarter profit of $664 million, up from a profit of $545 million in the same period of 2018. Full story: Vancouver Courier
January 29, 2020 | CN, Headlines, Quarterly Income
(Source: CN press release (PDF), January 28, 2020) MONTREAL — CN today reported its financial and operating results for the fourth quarter and year ended December 31, 2019. “We remain focused on executing our strategy of long-term sustainable growth at low incremental...
January 29, 2020 | CP, Headlines, Quarterly Income
(Source: Canadian Pacific Railway press release, January 29, 2020) CALGARY — Canadian Pacific Railway Limited today announced its fourth-quarter results, including record revenues of $2.07 billion, an operating ratio (“OR”‘) of 57.0 percent, improved...
