First look: CN earnings
CN said cost control and disciplined operations helped it to better revenue and profits in the first quarter.
CN said cost control and disciplined operations helped it to better revenue and profits in the first quarter.
Canadian Pacific Kansas City said earnings rose on higher revenue and increased freight on its network.
Universal Logistics Holdings’ first-quarter revenue decreased 22.3% year over year to $382.4 million.
Union Pacific has brought a rare trackage rights dispute with BNSF to the Surface Transportation Board.
Universal Logistics Holdings reported a 22% decrease in revenue and an 88% drop in earnings per share in the first quarter.
Union Pacific said first-quarter earnings were flat as the railroad’s volume gains were offset by the mix of freight on its network.
Norfolk Southern shook off severe winter weather in the first three months of the year to post improved operating income in the first quarter.
During the COVID years, transportation providers were flooded with freight that needed to move yesterday. The current environment is flooded with freight that needs to move in a few weeks, maybe.
Shortline railroads are precisely the business partners that major railroads need to stanch a decline in the carload business, a consultant says.
Rail traffic in the U.S. rose 11.2% for the week that ended Saturday – the sixth straight increase.
The strength in ocean bookings today will not translate into domestic freight volumes until May at the earliest.
The chief executive of Union Pacific says his railroad will work through trade uncertainties the same way it worked through the tech bubble and the pandemic.
Two trade-dependent intermodal projects by BNSF Railway will move forward despite the Trump administration’s announcement of new tariffs.
Class 1 railroads saw mixed results in Q4 of 2024, but consultant Oliver Wyman sees a steadier year ahead.
Reflecting the tariff pull-forward, rail intermodal takes share from truckload.
Until recently, surface transportation demand in total was relatively flat with shippers utilizing the rails more frequently. Annual intermodal growth has stabilized, with truckload demand eroding beyond the modal shift offset.
For a fourth straight week, U.S. rail traffic has recorded an increase of more than 5% over the same week a year earlier. Statistics from the Association of American Railroads for the week ending March 22 show total traffic was 496,214 carloads and intermodal units, a 5.5% increase over the same week in 2024. That […]
Rail traffic in the U.S. is staying ahead of 2024 levels, according to the Association of American Railroads.
Trade group says stores continue to import as much merchandise as possible.
CSX is detouring well over a dozen trains daily now that the Howard Street Tunnel project is underway in Baltimore.