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
Government, Business, Logistics

Railroad Crossing Rule Still Being Considered

While the notion that trucks should not stop on a railroad track seems to make a lot of sense, federal regulars have yet to finalize a proposed federal railroad grade crossing rule that they say would save lives.

Eric Miller | Senior Reporter
April 10, 2012
Business, Logistics

Railroads, Union Agree; Possible Strike Averted

Tom Biery/Trans Pixs

The largest U.S. freight railroads reached a tentative agreement last week with a union representing track and bridge maintenance workers, eliminating the possibility of a nationwide work stoppage.

Rip Watson | Special to Transport Topics
February 3, 2012
Business, Logistics

Norfolk Southern Reports Record Earnings

Norfolk Southern Corp. said its fourth-quarter profit rose 19%, on higher traffic and rates.

January 25, 2012
Business, Logistics

CSX Reports Higher 4Q Profit

Tim Howerter/Trans Pixs

CSX Corp.’s fourth-quarter profit rose 6% as higher rates offset a decline in volume, the freight railroad said.

January 24, 2012
Business, Logistics

Union Pacific’s 4Q Income Jumps 24%

TT File Photo

Union Pacific Corp. said Thursday its fourth-quarter profit jumped 24% on higher rates and volumes.

January 19, 2012
Business, Logistics

As National Rail Strike Looms, Freight Customers Seek Options

U.S.-based freight railroads and their major customers, including intermodal fleets, raced last week to prepare for what could be the first nationwide rail strike in two decades as soon as Dec. 6.

December 5, 2011