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Mar
01

BNSF posts lower revenue, higher income in Q4

Mar
01

BNSF posts lower revenue, higher income in Q4

BNSF Railway Co. today reported fourth-quarter 2020 revenue decreased 3% to $5.7 billion, but operating income rose 3% to $2.2 billion and net income climbed 5% to $1.5 billion compared with 2019's financial results.

The Class I attributed the lower revenue primarily to a 3% decrease in unit volume and a 6% decrease in average revenue per car, BNSF officials said in a financial performance summary posted on the Class I's website.

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Feb
26

Judge: Railroads' talks should be included in shippers' lawsuits

Feb
26

Schneider marks 30 years of intermodal service

Feb
26

APTA backs emergency transit funding in American Rescue Plan

Feb
26

Signalman union members ratify Metra agreement

Feb
26

Sound Transit begins civil construction on Lynnwood Link extension station, parking structures

Feb
26

TriMet names Desue interim GM

Feb
26

USDOT approves RRIF loan refinancing for Dallas rail project

Feb
26

Amtrak pursuing plan to offer Gulf Coast service in 2022

Feb
26

METRA reached agreement with signalman union

Feb
26

Signalman union members ratify Metra agreement

Feb
25

Rail supplier news from Trinity, Rajant, Moovit and NRC (Feb. 25)

Feb
25

SC Ports receive six hybrid RTG cranes for Leatherman Terminal

Feb
25

CP donates funding to heart disease, stroke research

Rail News Home Canadian Pacific 2/25/2021 Rail News: Canadian Pacific
Canadian Pacific will invest CA$1.5 million into heart disease and stroke research in Canada over the next three years, the Heart and Stroke Foundation announced this week.Prior to this latest donation, the Class I — through its community program CP Has Heart — has invested close to CA$5 million in heart and stroke research, foundation officials said in a press release."CP has demonstrated a clear recognition of the value of supporting research in promoting health, saving lives and enhancing recovery for the millions of people in our country who are living with or at risk for heart disease," said Doug Roth, chief executive officer the foundation.Every nine minutes, someone in Canada dies from heart conditions. Not only have heart disease and stroke persisted during the pandemic, but it's been learned that COVID-19 can damage previously healthy hearts and have serious impacts on the brain, foundation officials said.

Contact Progressive Railroading editorial staff.

More News from 2/25/2021


Feb
25

CP donates funding to heart disease, stroke research

Feb
25

CP donates funding to heart research

Feb
25

CP donates funding to heart research

Rail News Home Canadian Pacific 2/25/2021 Rail News: Canadian Pacific
Canadian Pacific will invest CA$1.5 million into heart disease research in Canada over the next three years, the Heart and Stroke Foundation announced this week.Prior to this latest donation, the Class I — through its community program CP Has Heart — has invested close to CA$5 million in heart and stroke research, foundation officials said in a press release."CP has demonstrated a clear recognition of the value of supporting research in promoting health, saving lives and enhancing recovery for the millions of people in our country who are living with or at risk for heart disease," said Doug Roth, chief executive officer the foundation.Every nine minutes, someone in Canada dies from heart conditions. Not only have heart disease and stroke persisted during the pandemic, but it's been learned that COVID-19 can damage previously healthy hearts and have serious impacts on the brain, foundation officials said.

Contact Progressive Railroading editorial staff.

More News from 2/25/2021


Feb
25

Senators introduce bill to renew WMATA's federal funding

Feb
25

Minnesota's Walz includes second Twin Cities-Milwaukee-Chicago train in bonding proposal