Filed in Rail Freight
Wednesday, April 25, 2012
The Norfolk, Virginia-based carrier reported first quarter net income of $410 million—or $1.23 per share—which was up 26 percent compared to the first quarter of 2011 and ahead of Wall Street expectations of $1.12 per share.
Wednesday, April 18, 2012
Class I railroad carrier CSX last night reported record first quarter earnings of $449 million and $0.43 per share. The earnings per share performance exceeded Wall Street expectations of $0.38 per share and was up 23 percent annually.
Friday, April 13, 2012
Carload volume—at 270,974—was down 7.7 percent annually, and intermodal volumes—at 231,153—were up 1.1 percent.
Friday, April 06, 2012
March carloads—at 1,123,298—were down 69,190 carloads or 1.9 percent annually. Intermodal—at 928,350 trailers and containers—was up 31,348 units or 2.4 percent compared to March 2011.
Friday, March 30, 2012
Carload volume—at 278,393—was down 7.2 percent annually and slightly below the week ending March 17 at 278,420.
Monday, March 26, 2012
Last week, the Department of Transportation’s Surface Transportation Board (STB) held a public hearing to explore the impact of Berkshire Hathaway’s acquisition of the BNSF Railway Company on “certain costing determinations.”
Friday, March 23, 2012
Carload volume—at 278,420—was down 5.3 percent annually and slightly below the week ending March 10 at 278,728 and also below the week ending March 3 at 283,312.
Friday, March 16, 2012
Carload volume-at 278,728-was down 4.8 percent annually, and intermodal-at 226,039 trailers and containers—was up 4.2 percent annually.
Wednesday, March 14, 2012
Class I railroad carrier CN said this week it has introduced new import/export container train services between the Port of Prince Rupert, British Columbia and Calgary and Edmonton, effective June 2012.
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Friday, March 09, 2012
February carloads—at 1,410,992—were down 1.9 percent annually. And intermodal—at 1,122,458 trailers and containers—was up 2.4 percent compared to February 2011.