217.370.8505 cory@bletislb.org

CPKC reports revenue, income growth in Q1

Apr 27, 2023

Canadian Pacific Kansas City yesterday reported first-quarter 2023 revenue rose 23% to CA$2.27 billion, operating income climbed 55% to CA$829 million and diluted earnings per share increased 37% to 86 cents compared with the same period in 2022.

Norfolk Southern says the toxic train derailment cost it $387 million

Apr 26, 2023

Norfolk Southern says the toxic train derailment cost it $387 million Norfolk Southern said a February derailment that released massive amounts of toxic chemicals in East Palestine, Ohio, cost the railroad $387 million. That dragged profit lower by about a third. The...

Maine officials unhappy with CPKC derailment cleanup

Apr 25, 2023

Maine officials unhappy with CPKC derailment cleanup The Maine Department of Environmental Protection has warned Canadian Pacific Kansas City to improve its cleanup actions at the site where a CPKC train derailed April 15. In a letter to CPKC, the Maine DEP indicated...

CN reports ‘strong’ Q1 performance, updates 2023 guidance

Apr 25, 2023

CN reports ‘strong’ Q1 performance, updates 2023 guidance CN yesterday reported first-quarter 2023 revenue of CA$4.3 billion, a 16% increase, and operating income of CA$1.7 billion, a 35% increase compared with results reported in Q1 2022. The Class I...

CN, UP, GMXT form new intermodal service

Apr 25, 2023

CN, UP, GMXT form new intermodal service CN, Union Pacific Railroad and Grupo Mexico Transportes yesterday announced the creation of Falcon Premium, a Mexico-U.S.-Canada intermodal service with a rail connection in Chicago, Illinois. The new service will directly...

Apr 21, 2023

Class I employment increase continued in March Class Is operating in the United States employed 120,668 people in March, a 0.38% increase over February’s employment level and a 4.88% increase year over year, according to Surface Transportation Board data. Five of six...