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CP Rail to report Q2 2020 earnings on July 22

(Source: Canadian Pacific Railway press release, June 24, 2020) CALGARY — Canadian Pacific will release its second-quarter 2020 financial and operating results at 9:00 a.m. eastern time (7 a.m. mountain) on July 22, 2020. CP will discuss its results with the financial...

CSX to announce Q2 2020 earnings on July 22

(Source: CSX press release, June 24, 2020) JACKSONVILLE, Fla. — CSX Corp. will release second-quarter financial and operating results after the market close on Wednesday, July 22, 2020. This will be followed by a conference call and live webcast hosted by the...

KCS anticipates lower Q2 2020 revenue

(Source: Freight Waves, June 23, 2020) CHATTANOOGA, Tenn. — Kansas City Southern is bracing for lower revenues in the second quarter amid sharply lower rail volumes due to the coronavirus pandemic. The railroad estimates that second-quarter revenue could be $550...

BMWED warns members about COVID-19 exposure

(Source: Progressive Railroading, June 24, 2020) The Brotherhood of Maintenance of Way Employes Division-IBT announced late last week a rash of positive coronavirus cases among its members at several major railroads. Full story: Progressive...

SMART-TD member from Los Angeles passes from COVID-19

(Source: SMART-TD press release, June 19, 2020) CLEVELAND, Ohio — General Chairperson John Ellis (Los Angeles County MTA) reports that Brother Wilfredo Corsino, a member out of Local 1607 (Los Angeles, Calif.), passed away on June 11 from COVID-19 complications....

Class I workforce continued to shrink in May

(Source: Progressive Railroading, June 23, 2020) Class Is employed 118,880 employees as of mid-May, down 4.46 percent from April and down 16.84 percent from May 2019 levels, according to Surface Transportation Board data. All six employment categories logged...