As has been the case for the past couple of weeks, three of the 10 carload commodity groups posted a year-over-year increase while all other traffic suffered, according to figures released on April 24 by the Association of American Railroads (AAR) for the week ended April 20.
Norfolk Southern (NS) continued its upward trend and posted record railway operating revenues, operating income, operating ratio, net income and earnings per share in first-quarter 2019.
The League of Railway Women (LRW) announced April 24 that it is accepting applications for the Connie Sumara Memorial Scholarship.
Amtrak recently announced that Dennis Newman has been appointed Executive Vice President, Planning & Strategy, and he will be “responsible for corporate planning and strategy, schedule and consist planning, Amtrak’s services and host railroad groups, and the company’s participation in the Gateway Program.”
The Railway Supply Institute (RSI) announced April 23 that it is soliciting nominations for executives from member companies to fill three spots on its board of directors for a term beginning in January 2020.
As the San Diego Metropolitan Transit System (MTS) gets set to roll out the next generation of light rail vehicles (LRVs) for service on the UC San Diego Blue Line on April 20, MTS officials recently unveiled the first car of the new LRV series during a “Trolley Open House.”
Continuing on the heels of last week’s trend, three of the 10 carload commodity groups posted a year-over-year increase—and total carloads were slightly up—but all other traffic declined, according to figures released on April 17 by the Association of American Railroads (AAR) for the week ended April 13.
CSX Corp. announced on April 16 that its first-quarter 2019 net earnings reached $834 million, or $1.02 per share, against $695 million ($.78 per share) year-over-year—an earnings per share increase of 31%.
A. Stucki Company has named Sagar Sumant as Global Director of SAP (Systems, Applications and Products) to lead the company’s new SAP Global Center of Excellence.
Kansas City Southern (KCS) on April 17 reported record first-quarter 2019 revenues of $675 million, a 6% year-over-year increase on a 1% volume decline, based on adjusted operating income of $242 million. Its adjusted operating ratio was 64.2% compared to 65.8% the year prior. Adjusted diluted earnings per share were $1.54—18% higher than a year ago.