Union Pacific’s 1Q Income Rises 24%
Freight rail line Union Pacific Corp. said Wednesday its first-quarter profit rose 24% from a year ago on higher volume.
April 20, 2011February Trailer Orders Double as Aging Equipment Is Replaced
Building on a surge of replacement demand that began last year, trailer manufacturers received orders for 21,990 new units in February — a 105% year-over-year increase.
April 4, 2011Trailer Bridge Reports Fourth-Quarter Loss
Trailer Bridge Inc. reported a fourth-quarter loss of $2.9 million, or 24 cents per share, compared with a profit of $1 million, or 8 cents, a year ago.
April 1, 2011Supreme Court Orders New Review of CSX Challenge to Alabama Fuel Tax
The U.S. Supreme Court last week directed a lower court to reconsider a claim by freight railroad CSX Transportation Inc. that the Alabama fuel tax it pays is discriminatory because truckers are exempt from the same tax.
February 28, 2011Wabash Reports Fourth-Quarter Profit
Trailer manufacturer Wabash National Corp. reported a fourth-quarter operating profit compared with an operating loss a year ago, as new trailer shipments topped the high end of the company’s expectations.
February 9, 2011Trailer Orders, Shipments Soar, Led by 417% Jump for Dry Vans
The freight-trailer industry rebounded sharply during 2010, with orders more than doubling to 166,500 and shipments rising 52% over 2009 to 119,900 units, ACT Research Co. reported.
February 7, 2011Norfolk Southern’s 4Q Profit Improves
Norfolk Southern Corp.’s fourth-quarter and annual net income rose from the same periods a year earlier and it said it was boosting its quarterly dividend.
January 26, 2011Canadian Pacific’s Profit Improves
Canadian freight railroad Canadian Pacific’s fourth-quarter net income increased 27.1% to C$185.8 million, or C$1.09 per share, from C$146.2 million, or 87 cents, a year earlier.
January 26, 2011CN’s Profit Falls in 4Q, Grows in Year
Canadian National Railway Co. said its fourth-quarter net income fell 13.6% to C$503 million, or C$1.08 per share, from C$582 million or $1.23 per share, a year earlier.
January 25, 2011CSX’s 4Q, Full-Year Earnings Jump on Higher Volume
CSX Corp. said Monday its fourth-quarter profit jumped 42% on higher shipments from auto manufacturers and other industrial shippers.
January 24, 2011