It is no secret that the transportation sector had a very tough time last year, thanks to the COVID-19 outbreak. Railroads, being one of the most important corners of this widely-diversified sector, ...
Heartland Express is keying in on cost cutting to improve its operating ratio and stem a run of quarters in the red. The North Liberty, Iowa-based company posted a loss in the fourth quarter of 2024 ...
Norfolk Southern Corporation (NYSE:NSC) posted a mixed Q4 earnings report, with railway operating revenue down 2% year-over-year to $3.0 billion. Adjusting for the Eastern Ohio incident and ...
BNSF Railway needs to close the operating-ratio gap with the other Class I railroads, new Berkshire Hathaway CEO Greg Abel said on Saturday in his first annual letter to shareholders. BNSF continues ...
President and CEO Frederick J. Holzgrefe opened the call stating, "Our second quarter operating ratio was 87.8%, compared to our operating ratio of 83.3% in the second quarter of last year, and the ...
Union Pacific (NYSE:UNP) reported a profit beat and an operating ratio improvement of more than 100 basis points in the third quarter, which overshadowed the railroad operator's slight revenue miss.
With an STB merger filing for acquiring Norfolk Southern targeted for no later than Dec. 1, Union Pacific posted a solid third-quarter 2025, showing “strong operating income growth driven by increased ...
Norfolk Southern’s Q4 railway operating revenue fell 2% to $3.024 billion, but adjusted EPS beat estimates at $3.04 (+7% Y/Y). Norfolk Southern expects ~3% revenue growth in 2025, $2.2 billion in ...
While peers—especially Canadian Pacific—have caught up over the years, Canadian National was long the Class I railroad with the highest margin (lowest operating ratio) because it was the precision ...
With an STB merger refiling for the acquisition of Norfolk Southern anticipated “in the coming weeks,” Union Pacific (UP) posted “a record-breaking year and delivered best-ever safety, service, and ...