January 25, 2023 | CN, Headlines, Quarterly Income
(Source: CN press release, January 24, 2023) MONTREAL — CN today reported its financial and operating results for the fourth quarter and year ended December 31, 2022. Diluted earnings per share (EPS) of C$2.10 grew by 23% on an adjusted basis in the fourth quarter,...
January 25, 2023 | Headlines, NS, Quarterly Income
(Source: Associated Press, January 25, 2023) Norfolk Southern railroad delivered 4% more fourth-quarter profit even though the number of shipments it hauled dipped slightly because it collected more surcharges for higher fuel prices and raised the rates it charges....
January 25, 2023 | Headlines, Quarterly Income, UP
(Source: Associated Press, January 24, 2023) Union Pacific’s fourth-quarter profit slipped 4% as severe winter weather snarled shipments in late December and the railroad continued to struggle to improve its operations enough to handle all the cargo businesses want to...
January 18, 2023 | Headlines, PSR, Quarterly Income
(Source: Dow Jones, January 17, 2023) Railroad earnings season kicks off this month with rail companies likely to cite the impact of the extreme cold that hit much of the U.S. at the end of 2022. Full story: www.morningstar.com
January 5, 2023 | Headlines, NS, Quarterly Income
(Source: Norfolk Southern press release, January 4, 2023) ATLANTA, Ga. — Norfolk Southern Corporation will announce its fourth quarter financial results during a live conference call and internet webcast at 8:45 a.m. ET on Wednesday, January 25, 2023. Quarterly...
December 16, 2022 | Headlines, Quarterly Income, UP
(Source: Union Pacific press release, December 13, 2022) OMAHA, Neb. — Union Pacific Corporation will release fourth quarter 2022 financial and operating results on Tuesday, January 24, 2023, at 7:45 a.m. ET. The company’s management team will host a conference call...
November 8, 2022 | BNSF, Headlines, Quarterly Income
(Source: Trains Magazine, November 7, 2022) BNSF Railway’s profits declined in the third quarter due to a combination of lower volume and higher operating expenses. The railway’s operating income fell 7.1%, to $2.1 billion, on revenue of $6.5 billion, a 16.8%...
October 28, 2022 | CP, CP-KCS Merger, Headlines, Quarterly Income
(Source: Freight Waves, October 27, 2022) Canadian Pacific is eager to secure new business and expand existing opportunities as it gears up for a potential merger with Kansas City Southern in 2023, according to its executives during an earnings call to discuss the...
October 28, 2022 | Headlines, NS, Quarterly Income
(Source: Freight Waves, October 27, 2022) Although economic indicators hint at a softening market in the coming months, Norfolk Southern expects continuing improved service to support the railroad through the down cycle. Full story: Freight Waves
October 27, 2022 | Headlines, NS, Quarterly Income
(Source: Norfolk Southern press release, October 26, 2022) ATLANTA — Norfolk Southern Corporation today announced third quarter 2022 financial results which included records for railway operating revenues, income from railway operations, net income, and diluted...
