December 23, 2019 | Headlines, KCS, Quarterly Income
(Source: Kansas City Southern press release, December 20, 2019) KANSAS CITY, Mo. — Kansas City Southern (KCS) will release its fourth quarter 2019 financial results on Friday, January 17, 2020, before the opening of trading on the New York Stock Exchange. KCS will...
December 20, 2019 | Headlines, Quarterly Income, UP
(Source: Union Pacific press release, December 19, 2019) OMAHA, Neb. — You are invited to listen to Union Pacific Corporation’s fourth quarter 2019 earnings release presentation that will be broadcast live over the Internet and via teleconference on Thursday, January...
December 19, 2019 | CSX, Headlines, Quarterly Income
(Source: CSX press release, December 19, 2019) JACKSONVILLE, Fla. — CSX Corp. will release fourth-quarter financial and operating results after the market close Thursday, Jan. 16, 2020. This will be followed by a conference call and live webcast hosted by the...
November 15, 2019 | Headlines, Quarterly Income, UP
(Source: Union Pacific Railroad press release, November 14, 2019) OMAHA, Neb. — The Board of Directors of Union Pacific Corporation has declared a quarterly dividend of 97 cents per share on the company’s common stock, payable December 30, 2019, to shareholders of...
November 8, 2019 | Headlines, Quarterly Income, Short Line
(Source: Freight Waves, November 7, 2019) CHATTANOOGA, Tenn. — Net profit for short line operator Genesee & Wyoming (G&W) slipped in the third quarter amid lower revenues and rail volumes. Third-quarter net income attributable to G&W totaled $66.8...
November 6, 2019 | BNSF, Headlines, Quarterly Income
(Source: Progressive Railroading, November 5, 2019) BNSF Railway Co. reported third-quarter operating income rose 3 percent to $2.2 billion, while total revenue fell 2 percent to $6 billion compared with the same period a year ago. Full story: Progressive...
November 5, 2019 | BNSF, Headlines, Quarterly Income
(Source: S&P Global Platts, November 3, 2019) HOUSTON — BNSF Railway reported a decrease in coal volumes and revenue in the third quarter of 2019, primarily because of adverse weather conditions and lower natural gas prices. The Fort Worth, Texas-based railroad...
November 5, 2019 | BNSF, Headlines, Quarterly Income
(Source: Freight Waves, November 4, 2019) CHATTANOOGA, Tenn. — Despite lower revenues, western U.S. railroad BNSF posted a net profit in the third quarter amid lower operating costs, BNSF said in a financial report Nov. 4. BNSF had a net profit of $1.47 billion, a...
November 4, 2019 | BNSF, Headlines, Quarterly Income
(Source: Associated Press, November 2, 2019) OMAHA, Neb. — Warren Buffett’s company reported Saturday that it saw an 11% decline in third-quarter profits because of a smaller increase in the paper value of its investments, even as it sits on a mountain of cash....
October 25, 2019 | Headlines, NS, Quarterly Income
(Source: Supply Chain Dive, October 24, 2019) WASHINGTON, D.C. — Though Norfolk Southern is confident it will reach a sub-60% OR by 2021 as planned, analysts were incredulous as to why the railroad is not posting incremental OR progress. While rail volumes are down...
