October 17, 2019 | Headlines, Quarterly Income, UP
(Source: Associated Press, October 17, 2019) OMAHA, Neb. — The slowing economy and ongoing trade disputes are dragging railroad profits down in the second half of the year. Union Pacific and CSX railroads both reported declining profit and revenue as they hauled less...
October 14, 2019 | CSX, Headlines, Quarterly Income
(Source: Freight Waves, October 10, 2019) CHATTANOOGA, Tenn. — As the third-quarter earnings season kicks off next week for the Class I railroads, one question will be the degree to which the railroads’ safeguard themselves against lower volumes as a result of their...
October 2, 2019 | Headlines, NS, Quarterly Income
(Source: Norfolk Southern press release, October 2, 2019) NORFOLK, Va. — Norfolk Southern Corporation will announce its third-quarter financial results during a conference call and live internet webcast at 8:45 a.m. EDT on Wednesday, Oct. 23, 2019. Quarterly earnings...
October 2, 2019 | CN, Headlines, Quarterly Income
(Source: CN press release, October 2, 2019) MONTREAL — CN will issue its third-quarter 2019 financial and operating results on Oct. 22, 2019, at 4.01 p.m. Eastern Daylight Time (EDT). CN’s senior officers will review the results and the railway’s outlook...
September 20, 2019 | Headlines, KCS, Quarterly Income
(Source: Kansas City Southern press release, September 20, 2019) KANSAS CITY, Mo. — Kansas City Southern (KCS) will release its third quarter 2019 financial results on Friday, October 18, 2019, before the opening of trading on the New York Stock Exchange. KCS will...
September 20, 2019 | Headlines, Quarterly Income, UP
(Source: Union Pacific press release, September 19, 2019) OMAHA, Neb. — You are invited to listen to Union Pacific Corporation’s (NYSE: UNP) third quarter 2019 earnings release presentation that will be broadcast live over the Internet and via teleconference on...
September 19, 2019 | CSX, Headlines, Quarterly Income
(Source: CSX press release, September 18, 2019) JACKSONVILLE, Fla. — CSX Corporation will release third-quarter financial and operating results after the market close on Wednesday, October 16, 2019. This will be followed by a conference call and live webcast hosted by...
August 9, 2019 | Headlines, Quarterly Income, Short Line
(Source: Freight Waves, August 7, 2019) CHATTANOOGA, Tenn. — Shortline operator Genesee and Wyoming reported an 8.7 percent decline in operating income in the second quarter of 2019 amid year-over-year declines in freight revenue from its Australian and European...
August 7, 2019 | BNSF, Headlines, Quarterly Income
(Source: Railway Track & Structures, August 6, 2019) NEW YORK — BNSF has announced Q2 2019 financial results in early August, which included the following highlights: • Total revenues were $5.89 billion, compared to Q2 2018 revenues of $5.88 billion, essentially...
August 6, 2019 | BNSF, Headlines, Quarterly Income
(Source: Freight Waves, August 5, 2019) CHATTANOOGA, Tenn. — Second-quarter revenue for BNSF, a unit of Berkshire Hathaway (BRK), rose 0.3 percent despite lower volumes for agricultural products, consumer products and industrial products, the railroad’s parent company...
