Filed in Rail Freight
Monday, November 26, 2012
Carload volume—at 288,717—was down 4.3 percent annually, and intermodal—at 249,115 trailers and containers—were up 2.4 percent compared to the same period last year.
Friday, November 16, 2012
Carload volume—at 283,414—was down 5.4 percent annually, and intermodal at 249,531 trailers and containers—were up 1.9 percent.
Monday, November 05, 2012
The Department of Transportation’s Surface Transportation Board (STB) last week announced it is requesting the disclosure of additional information in regards to a new rule regarding interchange commitments underlying a lease or rail-line sale filed with the STB, also known as paper barriers.
Friday, November 02, 2012
Carload volume—at 287,104—was down 7 percent annually, and intermodal volumes—at 253,186 trailers and containers—were up 3.9 percent.
Posted on 11/02 at 08:31 AM
Rail Freight •
Wednesday, October 17, 2012
Leading off third quarter earnings results for Class I railroads, CSX last night reported net earnings of $455 million, which was down 2 percent annually and $0.44 per share, which fell short of Wall Street estimates of $0.47 and ahead of last year’s $0.43.
Friday, October 05, 2012
September carloads—at 1,152,174—were down 3.7 percent—or 43,746 carloads— annually. Intermodal—at 973,715 trailers and containers—was up 2.5 percent—or 24,126 trailers and containers—compared to September 2011.
Monday, October 01, 2012
The U.S. railroad industry, consisting of over 600 large and small service providers, has successfully engineered itself into a viable and largely profitable segment of the nation’s logistics marketplace.
Friday, September 28, 2012
Carload volume—at 292,644—was down 4.1 percent, and intermodal volumes—at 250,253 trailers and containers—were up 0.7 percent.
Friday, September 21, 2012
Carload volume—at 291,350—was down 2.9 percent annually, and intermodal—at 251,720 trailers and containers—were up 3.9 percent.
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Thursday, September 20, 2012
NS said it expects earnings to be in the $1.18-$1.25 range per diluted share.