fourth-quarter 2019

Lower operating expenses helped buoy BNSF’s quarterly and annual profits despite declines in rail volumes and revenue.

The rail equipment and locomotive manufacturer eyes freight opportunities abroad amid a sluggish North American freight rail market.

The rail equipment and locomotive manufacturer benefits from its merger with GE Transportation.

Recent trade developments should help rail volumes improve, particularly in the second half of 2020, executives said.

The railway cited the labor strike and weak freight demand in lower fourth-quarter profits.

The railroad eyes slight volume growth in 2020 amid plans for longer trains and reduced headcount.

Net income falls in the fourth quarter amid a decline in operating revenue and a decrease in rail volumes.

Service improvements will help grow rail volumes and revenue, the company said during its fourth-quarter earnings call Friday.

Coal declines and a still sluggish industrial economy could put pressure on revenue this year. Still, CSX sees upside potential for intermodal and merchandise volumes.

Net profit for Kansas City Southern (NYSE: KSU) slipped in the fourth quarter of 2019 compared to the prior year, but revenues were 5% higher amid increases for chemicals and […]

Net earnings fell 8.5% in the fourth quarter of 2019 compared with the same period a year ago.