January 23, 2020 | Headlines, Quarterly Income, UP
(Source: Associated Press, January 23, 2020) OMAHA, Neb. — Union Pacific’s fourth-quarter profit fell 10% as the railroad hauled 11% less freight. The railroad said Thursday that it earned $1.4 billion, or $2.02 per share in the quarter. That’s down from...
January 23, 2020 | Headlines, Quarterly Income, UP
(Source: Union Pacific press release, January 23, 2020) OMAHA, Neb. — Union Pacific Corporation today reported 2019 fourth quarter net income of $1.4 billion, or $2.02 per diluted share. This compares to $1.6 billion, or $2.12 per diluted share, in the fourth quarter...
January 20, 2020 | CSX, Headlines, Quarterly Income
(Source: Freight Waves, January 17, 2020) CHATTANOOGA, Tenn. — Eastern railroad CSX expects its annual revenue to be flat to 2% lower in 2020 amid a systemic decline in coal volumes and an industrial economy that might take some time to improve, company executives...
January 20, 2020 | Headlines, KCS, Quarterly Income
(Source: Freight Waves, January 17, 2020) CHATTANOOGA, Tenn. — Kansas City Southern expects rail volumes and revenue to grow in 2020 amid service improvements and clarity on U.S. trade policy concerning North America. Full story: Freight Waves
January 20, 2020 | Headlines, KCS, Quarterly Income
(Source: Kansas City Southern press release, January 17, 2020) KANSAS CITY, Mo. — Kansas City Southern (KCS) reported strong fourth quarter and full year 2019 results, driven by implementation of Precision Scheduled Railroading (PSR) principles. Fourth Quarter 2019...
January 17, 2020 | CSX, Headlines, Quarterly Income
(Source: Reuters, January 17, 2020) JACKSONVILLE, Fla. — What follows is an edited transcript of CSX’s earnings conference call or presentation for the fourth quarter of 2019, which took place on Thursday, January 16, 2020. Full story: Yahoo...
January 17, 2020 | CSX, Headlines, Quarterly Income
(Source: CSX press release, January 16, 2020) JACKSONVILLE, Fla. — CSX Corporation (NASDAQ: CSX) today announced fourth quarter 2019 net earnings of $771 million, or $0.99 per share, versus $843 million, or $1.01 per share in the same period last year. CSX’s operating...
January 17, 2020 | CSX, Headlines, Quarterly Income
(Source: Associated Press, January 16, 2020) JACKSONVILLE, Fla. — CSX said its profit declined 9% in the fourth quarter of 2019 as the railroad hauled 7% less freight. The railroad said Thursday it earned $771 million, or 99 cents per share, in the quarter. That’s...
January 7, 2020 | CN, Headlines, Quarterly Income
(Source: Canadian National press release, January 6, 2020) MONTREAL — CN will issue its fourth-quarter and year-end 2019 financial and operating results on Jan. 28, 2020, at 4.01 p.m. Eastern Time (ET). CN’s senior officers will review the results and the...
January 6, 2020 | Headlines, NS, Quarterly Income
(Source: Norfolk Southern press release, January 3, 2020) NORFOLK, Va. — Norfolk Southern Corporation will announce its fourth-quarter financial results during a conference call and live internet webcast at 8:45 a.m. EST on Wednesday, Jan. 29, 2020. Quarterly earnings...