Management reiterated the objective of 150 basis points full-year improvement in adjusted operating ratio for 2026. Wright indicated, “We expect Q1 revenue to be higher than the first quarter of 2025, ...
Kevin Freeman, President and CEO, opened by stating, "Old Dominion's third quarter financial results reflect continued softness in the domestic economy. Our revenue declined 4.3% compared to the third ...
Heartland Express is keying in on cost cutting to improve its operating ratio and stem a run of quarters in the red. The North Liberty, Iowa-based company posted a loss in the fourth quarter of 2024 ...
Norfolk Southern (NS) on Oct. 22 reported third-quarter 2024 financial results that reflected an adjusted operating ratio of 63.4%, excluding the “impact of railway line sales, the Eastern Ohio ...
Norfolk Southern’s Q4 railway operating revenue fell 2% to $3.024 billion, but adjusted EPS beat estimates at $3.04 (+7% Y/Y). Norfolk Southern expects ~3% revenue growth in 2025, $2.2 billion in ...
Mr. Bunn added, “Freight revenue in our Expedited segment decreased $6.4 million, or 7.3%. Average total tractors decreased by 48 units or 5.3% to 852, compared to 900 in the prior year quarter.
Canadian National Railway has been choppy this year. After gaining 13% through March 2, the stock has fallen nearly 10% since ...
Union Pacific's Q4 revenue declined 1%, impacted by lower fuel surcharges and business mix, but EPS grew 7% YoY. The company improved its operating ratio to 58.7%, increased productivity, and ...
Mr. Bunn added, “Freight revenue in our Expedited segment decreased $0.7 million, or 0.8%. Average total tractors decreased by 40 units to 875, compared to 915 in the prior year quarter. Average ...
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