Rail Industry News
CSX announces record third quarter earnings per share up 19%
(Source: CSX press release, October 18, 2011) JACKSONVILLE, Fla. – October 18, 2011 – CSX Corporation today announced third quarter net earnings of $464 million, or $0.43 per share, versus $414 million, or $0.36 per share, in the same period last year. This is a 19...
Union Pacific reports record third quarter; Achieves best-ever earnings per share
(Source: Union Pacific press release, October 20, 2011) OMAHA, Neb. — Union Pacific Corporation (NYSE: UNP) today reported 2011 third quarter net income of $904 million, or $1.85 per diluted share, compared to $778 million, or $1.56 per diluted share, in the third...
Union Pacific reports record third quarter; Achieves best-ever earnings per share
(Source: Union Pacific press release, October 20, 2011) OMAHA, Neb. — Union Pacific Corporation (NYSE: UNP) today reported 2011 third quarter net income of $904 million, or $1.85 per diluted share, compared to $778 million, or $1.56 per diluted share, in the third...
Amtrak’s whistle-stop tour winds up in California
(Source: San Francisco Chronicle, October 27, 2011) SAN FRANCISCO, Calif. — Amtrak's 40th anniversary Exhibit Train, which pulled out of Washington, tour, arrives in California next week. The rolling display covers Amtrak's history through vintage advertising, menus,...
Amtrak’s whistle-stop tour winds up in California
(Source: San Francisco Chronicle, October 27, 2011) SAN FRANCISCO, Calif. — Amtrak's 40th anniversary Exhibit Train, which pulled out of Washington, tour, arrives in California next week. The rolling display covers Amtrak's history through vintage advertising, menus,...
MBTA replacing two decaying railroad bridges
(Source: Boston Herald, October 28, 2011) BOSTON — The MBTA will replace two crumbling and "structurally deficient" railroad bridges as part of a $150 million revamping of the only commuter rail line entirely within Boston. The bridges will be replaced in the span of...
MBTA replacing two decaying railroad bridges
(Source: Boston Herald, October 28, 2011) BOSTON — The MBTA will replace two crumbling and "structurally deficient" railroad bridges as part of a $150 million revamping of the only commuter rail line entirely within Boston. The bridges will be replaced in the span of...
RailAmerica reports ramped-up revenue, income
(Source: RailAmerica, Inc., press release, October 25, 2011) JACKSONVILLE, Fla. — RailAmerica, Inc. reported financial results for the quarter ended September 30, 2011. Third quarter 2011 revenue increased 9% to $139.7 million from $128.3 million in the third quarter...
RailAmerica reports ramped-up revenue, income
(Source: RailAmerica, Inc., press release, October 25, 2011) JACKSONVILLE, Fla. — RailAmerica, Inc. reported financial results for the quarter ended September 30, 2011. Third quarter 2011 revenue increased 9% to $139.7 million from $128.3 million in the third quarter...
AAR: Intermodal volume up again over 2010 in latest week
(Source: Association of American Railroads press release, October 27, 2011) WASHINGTON, D.C. — The Association of American Railroads (AAR) today reported mixed results for weekly rail traffic, with U.S. railroads originating 301,864 carloads for the week ending Oct....
AAR: Intermodal volume up again over 2010 in latest week
(Source: Association of American Railroads press release, October 27, 2011) WASHINGTON, D.C. — The Association of American Railroads (AAR) today reported mixed results for weekly rail traffic, with U.S. railroads originating 301,864 carloads for the week ending Oct....
CN launches large share buyback program
(Source: Journal of Commerce, October 25, 2011) WASHINGTON, D.C. — The board of directors at Canadian National Railway authorized the company to buy back up to 17 million shares of common stock, or 3.82 percent of those outstanding as of Oct. 14. CN has the highest...
CN launches large share buyback program
(Source: Journal of Commerce, October 25, 2011) WASHINGTON, D.C. — The board of directors at Canadian National Railway authorized the company to buy back up to 17 million shares of common stock, or 3.82 percent of those outstanding as of Oct. 14. CN has the highest...
Durbin: House Transportation bill wrong approach to Amtrak funding
(Source: U.S. Senator Dick Durbin (D-IL) press release, October 26, 2011) ST. LOUIS, Mo. — A House transportation funding proposal would dismantle Amtrak service and stunt high-speed rail growth in spite of record ridership numbers, U.S. Senator Dick Durbin (D-IL)...
Durbin: House Transportation bill wrong approach to Amtrak funding
(Source: U.S. Senator Dick Durbin (D-IL) press release, October 26, 2011) ST. LOUIS, Mo. — A House transportation funding proposal would dismantle Amtrak service and stunt high-speed rail growth in spite of record ridership numbers, U.S. Senator Dick Durbin (D-IL)...
Officials pushing for more trains on Joliet’s future high-speed rail
(Source: Chicago Sun-Times, October 26, 2011) JOLIET, Ill. — Illinois state transportation officials want to add more trips for future high-speed rail trains moving from Joliet to St. Louis. The trains actually will start in Chicago, but Joliet is where they will...
Officials pushing for more trains on Joliet’s future high-speed rail
(Source: Chicago Sun-Times, October 26, 2011) JOLIET, Ill. — Illinois state transportation officials want to add more trips for future high-speed rail trains moving from Joliet to St. Louis. The trains actually will start in Chicago, but Joliet is where they will...
Profit surges at North America’s largest rail car manufacturer
(Source: Journal of Commerce, October 26, 2011) WASHINGTON, D.C. — Trinity Industries, North America’s largest railcar manufacturer and builder of barges, wind towers and steel construction supports, saw third-quarter profit and revenue leap at its railcar building...
Profit surges at North America’s largest rail car manufacturer
(Source: Journal of Commerce, October 26, 2011) WASHINGTON, D.C. — Trinity Industries, North America’s largest railcar manufacturer and builder of barges, wind towers and steel construction supports, saw third-quarter profit and revenue leap at its railcar building...
Norfolk Southern declares quarterly dividend
(Source: Norfolk Southern press release, October 25, 2011) NORFOLK, Va. — Norfolk Southern Corporation today announced the regular quarterly dividend of 43 cents per share on its common stock, payable on Dec. 10, to stockholders of record on Nov. 4. Since its...
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