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UP declares dividend for 3Q 2016

(Source: Union Pacific press release, July 28, 2016) OMAHA, Neb. — The Board of Directors of Union Pacific Corporation has declared a quarterly dividend of 55 cents per share on the company’s common stock, payable September 30, 2016, to shareholders of record...

CN reports 2Q 2016 net income of C$858 million

(Source: CN press release, July 25, 2016) MONTREAL — CN today reported its financial and operating results for the second quarter and six-month period ended June 30, 2016. Second-quarter 2016 financial highlights: • Net income was C$858 million, compared with net...

UP reports 2Q 2016 results

(Source: Union Pacific press release, July 21, 2016) OMAHA, Neb. — Union Pacific Corporation today reported 2016 second quarter net income of nearly $1.0 billion, or $1.17 per diluted share compared to about $1.2 billion, or $1.38 per diluted share, in the second...

KCS reports 2Q 2016 results

(Source: Kansas City Southern press release (PDF), July 19, 2016) KANSAS CITY, Mo. — Kansas City Southern (KCS) reported second quarter 2016 revenues of $569 million, a decrease of 3% from second quarter 2015. Overall, carload volumes were unchanged compared to second...

CSX sees profit falling through 2016

(Source: Associated Press, July 14, 2016) OMAHA, Neb. — CSX expects profit to decline for remainder of the year as freight volume slows and it plans further cost cuts to offset what the railroad’s chief executive called a “challenging” environment....

CSX announces 2Q 2016 earnings

(Source: CSX press release, July 13, 2016) JACKSONVILLE, Fla. — CSX Corporation today announced second quarter 2016 net earnings of $445 million, or $0.47 per share, down from $553 million, or $0.56 per share, in the same period of last year. Highlights: • Delivered...