Intermodal Traffic Rises 6.2% for Week
Intermodal traffic increased 6.2% last week compared with a year ago, the Association of American Railroads reported.
January 28, 2011Kansas City Southern’s 4Q Profit Grows
Kansas City Southern said it earned $51.8 million, or 50 cents a share, in its fourth quarter, compared with $32.3 million, or 34 cents, the previous year.
January 27, 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, 2011Swift’s Fourth-Quarter Loss Narrows
Swift Transportation Co., in its first public earnings statement since going public late last year, said its fourth-quarter net loss was less than that of a year earlier and that its operating revenue improved.
January 25, 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, 2011Canadian Rail Workers Drop CN Strike Threat
Canadian National Railway Co. reached a contract deal with the Canadian Auto Workers union Monday and the union dropped its threat to strike Tuesday, Reuters reported.
January 24, 2011USA Truck Plans to Install SkyBitz Trailer-Tracking Feature
Truckload carrier USA Truck said it will fit almost all of its trailers with a new tracking system.
January 24, 2011Union Pacific’s 4Q Profit Jumps 41%
Union Pacific Corp.’s fourth-quarter profit 41% on higher volume, the railroad said Thursday.
January 20, 2011