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NS declares quarterly dividend

(Source: Norfolk Southern press release, October 23, 2018) NORFOLK, Va. — Norfolk Southern Corporation today announced the regular quarterly dividend of 80 cents per share on its common stock, payable on Dec. 10 to shareholders of record on Nov. 2. Since its inception...

CN reports Q3 2018 financial results

(Source: CN press release, October 23, 2018) MONTREAL — CN today reported its financial and operating results for the third quarter ended Sept. 30, 2018. Financial results highlights Third-quarter 2018 compared to third-quarter 2017 • Net income increased by 18 per...

KCS reports Q3 2018 financial results

(Source: Kansas City Southern press release (PDF), October 19, 2018) KANSAS CITY, Mo. — Kansas City Southern (KCS) reported record revenues of $699 million, an increase of 6% from third quarter 2017. Overall, carload volumes increased 4% compared to prior year. Third...

CP Rail reports Q3 2018 financial results

(Source: Canadian Pacific Railway press release, October 18, 2018) CALGARY, Alberta — Canadian Pacific Railway Limited today announced third-quarter revenues of $1.9 billion, its highest ever for any quarter, and reported diluted earnings per share (EPS) of $4.35, or...

CSX profit tops Wall Street estimate in Q3 2018

(Source: Reuters, October 16, 2018) JACKSONVILLE, Fla. — CSX Corp. on Tuesday reported quarterly profit that topped Wall Street’s view and raised its full-year revenue forecast, as the No. 3 U.S. railroad operator benefited from ongoing cost-cutting and higher prices...

CSX announces record Q3 2018 financial results

(Source: CSX press release, October 16, 2018) JACKSONVILLE, Fla. — CSX Corporation today announced third quarter 2018 net earnings of $894 million, or $1.05 per share, versus $459 million, or $0.51 per share in the same period last year (a 106 percent increase). CSX’s...