Filed in Railroad Freight

Thursday, May 24, 2012

Carload volume—at 280,565—was down 5 percent annually. Intermodal volumes—at 241,664 trailers and containers—were up 3.1 percent .

Thursday, May 17, 2012

Class I railroad carrier Canadian Pacific Railway Ltd. said ahead of its annual shareholder meeting earlier today that Fred Green, president and CEO, has left the company. This move comes in the wake of a proxy vote by activist investor Bill Ackman, head of Pershing Square Capital Management, and the single largest CP shareholder with a 14.1 percent stake in the company.

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.

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, 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.

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.

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.

Friday, March 02, 2012

Earlier today, Class I railroad carrier Union Pacific reported that Chairman, President and CEO James R. Young is taking a medical leave of absence while being treated for pancreatic cancer.

Carload volume—at 281,644—was down 5 percent annually and slightly behind the week ending February 18 at 281,989.