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Union Pacific reports Q1 2018 results

(Source: Union Pacific press release, April 26, 2018) OMAHA, Neb. — Union Pacific Corporation today reported 2018 first quarter net income of $1.3 billion, or a first-quarter record $1.68 per diluted share. This compares to about $1.1 billion, or $1.32 per diluted...

Norfolk Southern reports Q1 2018 results

(Source: Norfolk Southern press release, April 25, 2018) NORFOLK, Va. — Norfolk Southern Corporation today reported first-quarter financial results. First-quarter net income was $552 million, up 27 percent year-over-year, a result of a 10 percent increase in income...

CN reports Q1 2018 financial results

(Source: CN press release, April 23, 2018) TORONTO — CN today reported its financial and operating results for the first quarter ended March 31, 2018. Financial results highlights First-quarter 2018 compared to first-quarter 2017 • Net income decreased by 16 per cent...

KCS reports Q1 2018 results

(Source: Kansas City Southern press release (PDF), April 20, 2018) KANSAS CITY, Mo. — Kansas City Southern (KCS) reported record first quarter 2018 revenues of $639 million, an increase of 5% from first quarter 2017. Overall, carload volumes increased 1% compared to...

CP Rail reports 1Q 2018 results

(Source: Canadian Pacific Railway press release, April 18, 2018) CALGARY — Canadian Pacific Railway Limited today announced first-quarter reported diluted earnings per share (EPS) of $2.41, or $2.70 on an adjusted diluted EPS basis. “This was a challenging...

CP Rail sees profit slump in 1Q 2018

(Source: Reuters, April 18, 2018) CALGARY — Canadian Pacific Railway Ltd.’s profit fell 18 per cent in the first quarter, as expenses rose amid a winter that tested the resiliency of the North American rail network. Full story: Reuters

CSX releases 1Q 2018 results

(Source: CSX press release, April 17, 2018) JACKSONVILLE, Fla. — CSX Corporation today announced record first quarter 2018 net earnings of $695 million, or $0.78 per share, versus $362 million, or $0.39 per share in the same period last year. CSX’s operating ratio for...