September 21, 2018 | CP, Headlines, Quarterly Income
(Source: Canadian Pacific Railway press release, September 14, 2018) CALGARY — Canadian Pacific will release its third-quarter financial and operating results at 4:01 p.m. eastern time (2:01 p.m. mountain time) on October 18, 2018. CP will discuss its results with the...
August 9, 2018 | BNSF, Headlines, Quarterly Income
(Source: Freight Waves, August 8, 2018) CHATTANOOGA, Tenn. — BNSF saw a slight improvement in its operating ratio between the first and second quarter this year, but it was higher than that of 2017 and in a range that drew criticism for other companies. Full story:...
August 8, 2018 | BNSF, Headlines, Quarterly Income
(Source: Progressive Railroading, August 7, 2018) BNSF Railway Co. reported second-quarter net income rose 37 percent to $1.3 billion and total revenue climbed 12 percent to nearly $5.9 billion compared with the same quarter a year ago. Full story: Progressive...
August 6, 2018 | BNSF, Headlines, Quarterly Income
(Source: Associated Press, August 4, 2018) OMAHA, Neb. — Berkshire Hathaway Inc. on Saturday reported a $12 billion second-quarter profit. Warren Buffett’s conglomerate reported a profit of $4.87 per Class B share. A year ago, Berkshire reported $4.3 billion in...
August 1, 2018 | Headlines, Quarterly Income, Short Line
(Source: Genesee & Wyoming press release, July 27, 2018) DARIEN, Conn. — Genesee & Wyoming (G&W) reported its second quarter 2018 financial results on July 27, 2018. Second Quarter 2018 Consolidated Highlights Compared with Second Quarter 2017: •...
July 26, 2018 | CN, Headlines, Quarterly Income
(Source: Reuters, July 24, 2018) MONTREAL — Canadian National Railway Co. on Tuesday reported a better-than-expected quarterly profit and raised its forecast for full-year adjusted earnings as the railroad moved higher volumes of commodities including grains and...
July 25, 2018 | CN, Headlines, Quarterly Income
(Source: Canadian National Railway press release, July 24, 2018) MONTREAL — CN today reported its financial and operating results for the second quarter ended June 30, 2018. Financial results highlights Second-quarter 2018 compared to second-quarter 2017 • Net income...
July 25, 2018 | Headlines, NS, Quarterly Income
(Source: Norfolk Southern press release, July 25, 2018) NORFOLK, Va. — Norfolk Southern Corporation today reported record second-quarter financial results. Net income was $710 million, up 43 percent year-over-year, a result of an 18 percent increase in income from...
July 23, 2018 | Headlines, KCS, Quarterly Income
(Source: Kansas City Southern press release (PDF), July 20, 2018) KANSAS CITY, Mo. — Kansas City Southern (KCS) reported record revenues of $682 million, an increase of 4% from second quarter 2017. Overall, carload volumes increased 1% compared to prior year. Second...
July 20, 2018 | CP, Headlines, Quarterly Income
(Source: Ottawa Citizen, July 18, 2018) OTTAWA — Canadian Pacific Railway Ltd.’s chief executive said labor negotiations and a brief worker strike slowed the company’s momentum in the second quarter and contributed to a nine percent decrease in profit. Full story:...