railroad

Business, Logistics

Kansas 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, 2013
Business, Logistics

Union 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, 2013
Business, Logistics

Union 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, 2013
Business, Logistics

Union 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
Business, Logistics

Norfolk Southern, CSX Report Lower 4Q Income

Eastern freight railroads Norfolk Southern Corp. and CSX Corp. each reported lower fourth-quarter profits from a year ago.

January 23, 2013
Business, Logistics

Canadian National Reports Higher 4Q Profit

Canadian National Railway Co. reported a higher fourth-quarter profit from a year ago on higher freight volume.

January 22, 2013
Business, Logistics

BNSF Sets $4 Billion Expansion for Oil, Intermodal Shipments

Tom Biery/Trans Pixs

Berkshire Hathaway Inc. plans to increase capital spending at its BNSF Railway Co. by $4.1 billion this year as it prepares to handle rising oil shipments and expands its intermodal terminal capacity, Bloomberg News reported.

January 22, 2013
Business, Logistics

Kansas City Southern Reports Higher Operating Income for 4Q, Year

Kansas City Southern reported a smaller fourth-quarter profit but said its revenue rose 7%, boosted by strong intermodal volume.

January 22, 2013
Business, Logistics

BNSF Projects Its Crude Oil Shipments to Climb 40% on Shale Boom

Burlington Northern Santa Fe railroad will boost crude-oil shipments by 40% this year, helping to offset declines in other cargo, Bloomberg News reported.

January 9, 2013
Business, Logistics

Intermodal Traffic Falls 0.3% for Week

Tom Biery/Trans Pixs

U.S. rail intermodal traffic fell 0.3% last week over the same week a year ago, the Association of American Railroads said.

December 14, 2012

Pages