Business, Logistics

Kansas City Southern’s 3Q Income Falls

Kansas City Southern’s third-quarter income fell to $91 million, or 83 cents a share, from $100 million, or 91 cents, a year ago.

October 19, 2012
Business, Logistics

Union Pacific’s 3Q Income Rises, CSX’s Slips

Two of the largest U.S. freight railroads reported third-quarter results, with intermodal revenue rising at both companies.

October 18, 2012
Business, Logistics

Norfolk Southern’s 2Q Profit Drops

Norfolk Southern Corp. said its second-quarter profit dropped 6%, but income from railway operations rose 7% to $934 million.

July 25, 2012
Business, Logistics

Union Pacific’s 2Q Earnings Rise 28%

TT File Photo

Union Pacific Corp. said Thursday its second-quarter profit rose 28% to $1 billion, or $2.10 a share, from $785 million, or $1.59, a year ago.

July 19, 2012
Business, Logistics

Canadian Pacific Resumes Operations as Strike Ends

Canadian Pacific Railway resumed operations Friday morning after a week-long strike, Reuters reported.

June 1, 2012
Business, Logistics

CP Railroad Strike Likely to Continue Through Friday

Tom Biery/Trans Pixs

A strike at Canadian Pacific Railway will continue at least until Friday, due to passage by Canada’s opposition Liberal party to delay passage of back-to-work legislation, Reuters reported.

May 30, 2012
Business, Logistics

Strike Halts CP Rail Freight in Canada

Canadian Pacific Railway suspended its freight service across Canada after engineers, conductors and other workers went on strike, the Canadian Press reported Wednesday.

May 23, 2012
Business, Logistics

Kansas City Southern Posts Higher 1Q Profit

Kansas City Southern on Tuesday reported its first-quarter earnings rose to $75 million, or 68 cents a share, from $64 million, or 58 cents, the previous year.

April 24, 2012
Business, Logistics

Canadian Railroads Report Higher Earnings

Canada’s two biggest freight railroads reported higher earnings for the first quarter.

April 24, 2012
Business, Logistics

CSX Reports Gains in 1Q Income, Revenue

CSX Corp. on Tuesday said its first-quarter earnings rose on higher volume, pricing gains and fuel recovery.

April 17, 2012