Union Pacific’s 1Q Earnings Jump 14%
Union Pacific Corp.’s first-quarter earnings jumped 14% to $1.1 billion, or $2.38 a share, the company reported April 17. Revenue rose 6.6% to $5.64 billion.
April 17, 2014CSX Reports 1Q Income Drops 14%
CSX Corp. reported its first-quarter net income fell 14% to $398 million, or 40 cents per share, as the rail industry began its first-quarter round of earnings reports on a lower note.
Canadian Pacific’s 4Q Net Income Rises
Canadian freight railroad Canadian Pacific’s fourth-quarter net income rose to C$82 million, or 47 Canadian cents per share, from C$15 million, or 8 cents, a year earlier.
January 29, 2014Railroads Report Increased 3Q Earnings
Norfolk Southern Corp., Canadian Pacific and Canadian National Railway Co. reported their third-quarter profits increased.
October 23, 2013Bill Would Allow Rail-Safety Technology Deadline Extension
Sen. John Thune (R-S.D.) has introduced legislation that would extend until 2020 a federal statutory deadline that freight railroads install collision-avoidance technology.
Canadian Railroads’ Earnings Improve
Canada’s two major freight railroads reported higher second-quarter earnings from a year ago on stronger rates and volume.
July 24, 2013Kansas City Southern’s 2Q Income Drops
Kansas City Southern’s second-quarter net income fell to $15 million, or 14 cents a share, from $120 million, or $1.09, a year ago.
July 19, 2013Union Pacific Reports Record 2Q Profit
Union Pacific Corp. said Thursday its second-quarter profit rose 10% to an all-time high, despite carloads dipping 1% in in the quarter.
July 18, 2013Union Pacific’s 1Q Profit Rises 11%
Union Pacific Corp. said Thursday its first-quarter profit rose 11%, as higher prices drove freight revenue up.
April 18, 2013Union Pacific Reports $1 Billion 4Q Profit
Union Pacific Corp. said Thursday its fourth-quarter profit rose to more than $1 billion on higher chemical, automobile and intermodal shipments.
January 24, 2013