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  • CHICAGO, Jan 26- Norfolk Southern Corp, the No. 4 U.S. railroad, on Monday reported slightly lower fourth-quarter profit due partly to a 15 percent drop in coal revenue. Norfolk Southern said the drop in coal was caused by a weak global export market and fewer shipments of coal to utilities, which resulted in a decrease in freight volumes of 6 percent.

  • OMAHA, Neb.— Norfolk Southern Corp. reported its profit was little changed in the fourth quarter from a year ago because the railroad's coal revenue fell 15 percent on weak demand from utilities and export markets. Coal shipments are likely to remain weak throughout 2015, and the current low crude oil prices will limit Norfolk Southern's revenue because many...

  • CHICAGO, Jan 23- Regional railroad Kansas City Southern reported a higher quarterly net profit that came in well above Wall Street expectations, driven mainly by higher freight volumes, and said it expected to benefit from a growing U.S. economy in 2015.. The company said "while there is significant volatility in the energy markets" it expects to see volume growth...

  • Union Pacific railroad hauls in 22 percent more 4Q profit Thursday, 22 Jan 2015 | 11:20 AM ET

    OMAHA, Neb.— Union Pacific finished last year with a strong 22 percent jump in fourth-quarter profit, but volatile energy prices are making it difficult to predict how 2015 will unfold. The railroad is confident the economy should continue growing at a moderate pace and Union Pacific expects to again haul more freight this year. Investors sent Union Pacific's...

  • UNIONTOWN, Pa.— Several freight cars hauling sand derailed Thursday morning in a southwestern Pennsylvania town, some toppling over just feet away from homes and closing nearby roads. Tom Kolencik said there were minor injuries reported in the derailment, which occurred at about 7:40 a.m., but no details would be released until later in the day.

  • Union Pacific CEO: Playing low oil carefully  Thursday, 22 Jan 2015 | 10:50 AM ET

    Jack Koraleski, Union Pacific president & CEO, provides his outlook for the U.S. economy and explains how the plunge in oil has impacted the railroad operator.

  • Jan 22- Canadian Pacific Railway Ltd, Canada's second-largest railroad operator, reported a higher-than-expected quarterly profit as freight volumes jumped and operating efficiency improved. Net income rose to C $451 million, or C $2.63 per share, from C $82 million, or 47 Canadian cents per share, a year earlier, when the company had taken an impairment charge...

  • LINCOLN, Neb.— The number of trains carrying at least a million gallons of crude oil across eastern Nebraska each week has more than tripled since the summer. BNSF said it is moving about a dozen oil trains through eastern Nebraska each week. Officials from BNSF and Nebraska are planning an emergency response exercise for first responders along the oil-train...

  • CSX profit up, expects double-digit growth in 2015 Wednesday, 14 Jan 2015 | 10:51 AM ET
    CSX freight lines run through center city Philadelphia

    CSX reported a higher profit and said it expected a strong increase in its freight business and double-digit earnings growth during 2015.

  • CHICAGO, Jan 13- CSX Corp, the third-largest U.S. railroad, on Tuesday reported a higher quarterly profit that was in line with analyst expectations and said it expected a strong increase in its freight business and double-digit earnings growth during 2015.. Jacksonville, Florida- based CSX reported a net profit of $491 million, up 15 percent from $426 million a...

  • CHICAGO, Jan 13- CSX Corp, the third-largest U.S. railroad, on Tuesday reported a higher quarterly profit that was in line with analyst expectations and said it expected a strong increase in its freight business and double-digit earnings growth during 2015.. Jacksonville, Florida- based CSX reported a net profit of $491 million, up 15 percent from $426 million a...

  • CHICAGO, Jan 13- CSX Corp, the third-largest U.S. railroad, on Tuesday reported a higher quarterly profit that was in line with Wall Street expectations, driven by growth in several freight classes including intermodal and coal. The Jacksonville, Florida- based company reported a net profit of $491 million, up 15 percent from $426 million a year earlier.

  • Low oil: Good vs. bad for railroad stocks  Tuesday, 13 Jan 2015 | 1:11 PM ET

    Three major ways railroad operators could feel the effects of falling energy prices, with CNBC's Morgan Brennan.

  • CHICAGO, Jan 7- Armed with lessons learned from last year's polar vortex, the U.S. transportation and shipping network faces its first big test of the winter this week as harsh cold and dangerous wind chills buffet the Plains to the East Coast. Snow blanketed much of the eastern United States, with lake-enhanced accumulations of more than a foot in northwest...

  • Transports selloff in focus  Tuesday, 6 Jan 2015 | 4:07 PM ET

    CNBC's Morgan Brennan reports on the selloff in the Dow transports, and what slowing oil production could mean for companies exposed to it.

  • Russia's growing list of problems Tuesday, 30 Dec 2014 | 8:34 PM ET
    Vladimir Putin

    The Russian railway's death toll is part of life under Putin, as the country sometimes fails to provide basic infrastructure despite prospering over the past 14 years.

  • UPDATE 1-Russia may fail to supply wheat to Egypt in Jan Wednesday, 24 Dec 2014 | 4:49 AM ET

    MOSCOW, Dec 24- Russia may fail to supply wheat to Egypt's state buyer GASC in January as its exports have been effectively suspended by informal government curbs, Arkady Zlochevsky, the head of Russia's Grain Union, said on Wednesday. Russia's government imposed informal curbs with tougher quality monitoring and limits on railroad loadings earlier this...

  • LOS ANGELES, Dec 17- Negotiators for shipping lines and terminal operators at 29 U.S. West Coast ports remain far from a deal with union dockworkers after seven months of contract talks, the companies said on Wednesday, again blaming the union for waterfront cargo slowdowns. The Pacific Maritime Association statement came a day before the companies were slated...

  • LOS ANGELES, Dec 15- The union for 20,000 dockworkers and a group of their employers at 29 U.S. West Coast ports say they are making slow but steady progress in months-long contract talks seen by the shipping industry as a contributing factor in chronic cargo backups. The International Longshore and Warehouse Union and the Pacific Maritime Association,...

  • NEW YORK, Dec 14- For the past 18 months, Americans from Albany to Oregon have voiced growing alarm over the rising number of oil-laden freight trains coursing through their cities, a trend they fear is endangering public safety. The public assistance in states like New York, Pennsylvania, Ohio, Oklahoma and Oregon comes as railroads are posting record profits, and...