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Union Pacific net up on carload gains Union Pacific Corp. tallied second quarter 2017 net income of nearly $1.2 billion, up from $1 billion in the year-ago quarter on operating revenue that was 10% higher at $5.3 billion.

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North Carolina Ports and CSX announced a new daily intermodal service between the Port of Wilmington and Charlotte, beginning July 28. The double stack Queen City Express marks the official return of intermodal rail to its facilities, the North Carolina State...
Hunter Harrison, what exactly is going on at CSX? I’m hearing lots of voices. They’ve become loud and frequent and as such are nearly impossible to ignore. They’re the voices of railroaders, from the executive to the train and engine...
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Union Pacific Corp. tallied second quarter 2017 net income of nearly $1.2 billion, up from $1 billion in the year-ago quarter on operating revenue that was 10% higher at $5.3 billion. The Omaha-based carrier said second-quarter operating ratio was 61.8%, a...
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Kansas City Southern reported record second quarter 2017 revenues of $656 million, up 15% on-year, as carloads increased 6%. The Kansas City, Mo.-based company said operating income increased 9% to $239 million, a historic quarterly record. Net income totaled $135 million,...
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Canadian Pacific and the Teamsters Canada Rail Conference Maintenance of Way Employees Division (TCRC-MWED) announced they have ratified a new five-year labor agreement. "We thank the union leadership for their vision and willingness to work with us proactively and collaboratively during...

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Intermodal shipments sparked U.S. rail traffic for the week ending July 15 as freight totaled 540,005 carloads and intermodal units, up 3.8% compared to the prior-year period. Traffic totaled 262,869 carloads, up 0.3%, while intermodal volume was 277,136 containers and trailers,...
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Canadian Pacific Railway reported record second-quarter earnings on across-the-board improvements and ongoing volume gains through the first half of the year. The Calgary-based company said revenues increased 13% to $1.64 billion, while net income rose 46% to $480 million, or $3.27...
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Stephen Hoye has been appointed vice president of Pacific Harbor Line by parent Anacostia Rail Holdings, effective in early August. Since 2011 Hoye had served as superintendent of the Belt Railway Company of Chicago and, since 2014, as director of the...
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Port of New Orleans President and Chief Executive Brandy Christian has been appointed to the Railroad-Shipper Transportation Advisory Council (RSTAC). The 15-member Council was created by statute under the Surface Transportation Board and provides advice on regulatory, policy and legislative matters...
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Global mining conglomerate Rio Tinto says AutoHaul®—the US$518 million automation of its Western Australia Pilbara iron ore heavy-haul rail network—is progressing well, with about 20% of all train-miles now operating in autonomous mode, albeit with on board locomotive engineers managing...

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