Railroad News
CN yesterday announced "sound operating and financial performance" in first-quarter 2022, including CA$3.7 billion in revenue, up 5%, and adjusted diluted earnings per share (EPS) of CA$1.32, up 7%, compared with first-quarter results in 2021.
The Class I posted operating income of CA$1.2 billion, down 8%, and adjusted operating income of CA$1.2 billion, up 4%. Net income came in at CA$918 million, down from CA$976 million a year ago.
NS posted Q1 2022 operating revenue of $2.9 billion, up 10% compared with last year's results, driven by a 16% increase in revenue per unit. Photo – nscorp.com
Norfolk Southern Corp. today reported first-quarter 2022 financial results that included first-quarter records for railway operating revenue, income from railway operations, net income and diluted earnings per share.
NS posted Q1 2022 operating revenue of $2.9 billion, up 10% compared with last year's results, driven by a 16% increase in revenue per unit.
Union Pacific Railroad has awarded 70 companies with the 2021 Pinnacle Award for their commitment to safely transporting chemicals by rail.The annual award recognizes UP customers who implement release prevention protocols, corrective action plans and have zero non-accident releases of regulated hazardous materials shipments, UP officials said in a press release."Union Pacific is honored to partner with companies that share our commitment to the safe transportation of chemicals and, in the process, the protection of the environment. This award recognizes the work these companies do every single day to prevent releases and safeguard the communities where we all live and work," said Jacque Bendon, UP vice president of industrial, marketing and sales.Click here to see the full list of award winners.