U.S. freight traffic shows good growth
Total U.S. weekly rail traffic for the week ending Jan. 24, 2015 rose 4.1%, measured against the comparable week in 2014, according to the Association of American Railroads in its latest weekly report.
Total U.S. weekly rail traffic for the week ending Jan. 24, 2015 rose 4.1%, measured against the comparable week in 2014, according to the Association of American Railroads in its latest weekly report.
Canadian National late Tuesday, Jan. 27, 2015 reported fourth-quarter net income of C$844 million (US$678 million), or C$1.03 (about 83 U.S. cents) in diluted earnings per share, compared with C$635 million (US$510 million), or 76 Canadian cents (61 U.S. cents) per diluted share, in the fourth quarter of 2013.
Chicagoland’s Metra said Friday, Jan. 23, 2015 it will postpone a plan to increase the penalty for onboard ticket purchases until mobile ticketing capability is activated unveiled later this year.
The American Short Line and Regional Railroad Association said Friday, Jan. 23, 2015 its chairman, Ed McKechnie, had announced the selection of five industry safety experts retained as assessors for a pilot project as the first step toward the longer-range goal of developing a comprehensive industry-wide safety culture assessment program that will serve as the core of the Short Line Safety Institute.
Kansas City Southern on Friday, Jan. 23, 2015, said it had achieved record revenue results for both its fourth quarter and full year, as earnings per share exceeded Wall Street analyst expectations.
Riders on New York Metropolitan Transportation Authority’s (MTA) buses and subways will pay more beginning March 22, 2015, following an MTA Board of Directors decision on Thursday, Jan. 22, to increase fares.
Total cumulative U.S. weekly rail traffic for the week ending Jan. 17, 2015 slipped 1% measured against the comparable week in 2015, the Association of American Railroads reported Wednesday, Jan. 21, 2015.
Union Pacific said Thursday, Jan. 22, 2015 its fourth-quarter net earnings totaled $1.41 billion, or $1.61 per share, handily beating Wall Street consensus analyst expectations of $1.51 per share.
Canadian Pacific early Thursday, Jan. 22, 2015, announced record net income of C$451 million, of C$2.63 per diluted share, up 10% from the fourth quarter of 2013 and aiding the railroad’s record low operating ratio of 59.8%.