October 23, 2015 | Headlines, Quarterly Income, UP
(Source: Omaha World-Herald, October 23, 2015) OMAHA, Neb. — After a third straight quarter of falling rail shipments, Omaha-based Union Pacific Corp. said Thursday it continues to keep a sharp eye on expenses and payrolls. Full story: Omaha...
October 20, 2015 | CP, Headlines, Quarterly Income
(Source: Canadian Pacific press release (PDF), October 20, 2015) CALGARY, Alberta — Canadian Pacific Railway Limited today announced the highest-ever revenue for the third quarter, 16-percent growth in adjusted earnings per share and the lowest operating ratio for the...
October 20, 2015 | CP, Headlines, Quarterly Income
(Source: Reuters, October 20, 2015) NEW YORK — Canadian Pacific Railway Ltd reported a better-than-expected quarterly profit, helped by higher freight rates and lower operating costs. CP Rail said freight revenue per carload rose 5 per cent in the third quarter ended...
October 16, 2015 | Headlines, KCS, Quarterly Income
(Source: Kansas City Southern press release, October 16, 2015) KANSAS CITY, Mo. — Kansas City Southern (KCS) reported third quarter 2015 revenues of $632 million, a decrease of 7% compared to third quarter 2014. Overall, carload volumes were 2% lower than in third...
October 14, 2015 | CSX, Headlines, Quarterly Income
(Source: Associated Press, October 13, 2015) OMAHA, Neb. — Tight cost controls helped CSX Corp. deliver relatively flat third-quarter profit even though the railroad hauled 3 percent less freight and continued facing weak coal demand. The Jacksonville, Florida-based...
October 14, 2015 | CSX, Headlines, Quarterly Income
(Source: CSX press release, October 13, 2015) JACKSONVILLE, Fla. — CSX Corporation today announced net earnings of $507 million for the third quarter of 2015, versus $509 million for the same period in 2014, which translates to a third quarter record $0.52 per share,...
September 29, 2015 | Headlines, NS, Quarterly Income
(Source: Norfolk Southern press release, September 28, 2015) NORFOLK, Va. — Norfolk Southern Corporation (NYSE: NSC) will announce its third-quarter financial results during a conference call and live Internet webcast at 8:45 a.m. EDT on Wednesday, Oct. 28, 2015....
August 12, 2015 | BNSF, Headlines, Quarterly Income
(Source: Progressive Railroading, August 11, 2015) BNSF Railway Co.’s total revenue in second-quarter 2015 fell 6 percent to $5.4 billion compared with $5.7 billion in second-quarter 2014, but net income rose 5 percent to $963 million compared with $916 million...
August 10, 2015 | BNSF, Headlines, Quarterly Income
(Source: Bloomberg, August 7, 2015) FORT WORTH, Texas — Berkshire Hathaway said second-quarter profit missed analysts’ estimates because higher claims costs fueled an underwriting loss in the insurance segment. Fort Worth-based BNSF Railway contributed $963 million to...
July 27, 2015 | Headlines, NS, Quarterly Income
(Source: Norfolk Southern press release, July 27, 2015) NORFOLK, Va. — Norfolk Southern Corporation today reported financial results for second-quarter 2015. Net income for the quarter was $433 million, 23 percent lower compared with the $562 million record results...
