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.
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.
Canadian Pacific and Hapag-Lloyd AG today announced an additional call into Port Saint John, New Brunswick, via a seasonal extra loader in another step for the growing Atlantic Canada port.
The additional call follows the companies' inaugural service call into Port Saint John in May 2021, connecting via CP rail service to inland markets in Canada and the United States.