Railroad freight earnings were mixed in the third quarter, with Norfolk Southern Corp. recording stronger earnings but Canadian National Co. slipping slightly, in announcements Oct. 24 and Oct. 25.
October 25, 2017Editorial
Editorial: Market Forces at Work
Watching markets function would not make for a good spectator sport on TV, but the process does have its charms and we recommend it highly — especially when freight transportation is involved.
August 10, 2017Business
Norfolk Southern Profits Surge 23%, Completing Red-Hot Second-Quarter Rail Results
Norfolk Southern Corp. completed a red-hot second quarter for rail freight carriers, posting a 23% increase in profits and a 15% increase in operating income reversing a lackluster year in 2016.
July 26, 2017Business
CSX Doubles Down on North Carolina Intermodal Investments
Intermodal service is set for the Port of Wilmington, N.C., with daily CSX service to Charlotte. The first double-stack trains are due to begin operating July 28.
July 21, 2017Business
Kansas City Southern Profits Up Nearly 12%, Continuing Streak of Wins for Rail
Kansas City Southern continued the red-hot results from railroad freight carriers in the second quarter, with its profit growing 11.9%, slightly beating the consensus analyst forecast.
July 21, 2017Business, Equipment, Logistics
Intermodal Operators Expand in E-Commerce as Online Retailers Seek to Control Costs
Intermodal rail and trucking companies are competing to meet the transportation needs of e-commerce businesses while adapting to how these new supply chains differ from those of traditional brick-and-mortar retailers.
July 13, 2017