T&E numbers up in 2010, but not evenly

All railroads increased the number of train and engine workers in 2010, but at quite different rates, according to data released by the U.S. Surface Transportation Board. Overall, the number of train and engine workers increased in 2010 by 9.21 percent — 62,067 in Decem [...]

CN reports increased profits for 2010

Canadian National Jan. 25 reported its fourth-quarter operating profit rose by 19 percent versus fourth-quarter 2009, and that calendar-year 2010 operating profit increased by 13.5 percent from 2009. CN’s operating ratio for 2010 improved from 67.7 percent in 2009 to 63 [...]

NS reports profits increased in 2010

Norfolk Southern Jan 25 reported a 31 percent increase in fourth quarter profit (versus fourth quarter 2009) and a 45 percent increase in calendar-year 2010 profit. NS also reported a 5 percentage point improvement in its 2010 operating ratio, which declined to 71.9 percent. [...]

CSX profits soared in 2010

It was a mighty good fourth quarter and calendar-year 2010 for CSX, which reported Jan. 24 that its operating profits grew by 46 percent in the fourth quarter (versus fourth quarter 2009), and by 35 percent for the 12-months of 2010. In announcing that CSX had reduced its ope [...]

Democrats named to T&I Committee

WASHINGTON — Democrats have finalized appointments to the House Transportation & Infrastructure Committee, whose ranking member is Nick Rahall (D-W.Va.) Most transportation legislation affecting aviation, bus and rail originates in this committee. The Democratic mem [...]