Class I railroad executives tout growth prospects, customer focus

A Norfolk Southern train heads west through Otis, Ind

Top executives from Canadian National, Canadian Pacific, CSX Transportation, and Norfolk Southern last week touted the industry’s growth prospects and the ways they are working to make railroads better able to compete against trucks. Their remarks, made at the RailTrends 2020 conference, came a day after consulting firm Oliver Wyman released a survey that showed […]

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Digest: CN, CSX, CP named to Dow Jones Sustainability Index

Dow Jones Sustainability Index logo

Thursday morning news on railroad awards and other recognition: CN, CSX, CP named to Dow Jones Sustainability Index Canadian National, CSX Transportation, and Canadian Pacific have been named to the Dow Jones Sustainability Index, which measures companies on environmental, social, governance, and economic critiera. CN says in a news release that it is its 12th […]

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Canadian Pacific executives upbeat despite down quarter

CALGARY, Alberta — Canadian Pacific’s earnings slumped in the third quarter due to pandemic-related volume declines, but the railway boosted its outlook for the year and expects to set a fourth-quarter operating ratio record as traffic growth accelerates. CP on Tuesday morning reported its operating income decreased 10%, to $779 million, as revenue fell 6%, to […]

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Quad Cities region

TRNHS0915_ADavenport01

The Quad Cities of Davenport and Bettendorf, Iowa, and Rock Island and Moline, Ill., straddle the Mississippi River, creating an historic intersection of river and rails. In April 1856, the Chicago, Rock Island & Pacific’s predecessors opened the first Mississippi River crossing, known as the Government Bridge, at Davenport. Later, a riverboat struck the bridge […]

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