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  • Marten Transport beats 4Q profit forecasts Tuesday, 27 Jan 2015 | 5:21 PM ET

    MONDOVI, Wis. _ Marten Transport Ltd. on Tuesday reported fourth-quarter profit of $9 million. The average estimate of analysts surveyed by Zacks Investment Research was for earnings of 25 cents per share. Marten Transport shares have declined 2.5 percent since the beginning of the year.

  • LOS ANGELES, Jan 27- Negotiators for major shipping lines and the union representing 20,000 dockworkers have reached a tentative agreement on the maintenance of cargo chassis, overcoming a key hurdle in protracted contract talks for 29 U.S. West Coast ports. Settlement of the chassis issue, and the labor talks in general, has been seen as crucial to resolving...

  • Mark Dayton laid out changes in his budget proposal Tuesday that would make railroad companies fork over more funds to ensure Minnesota communities can handle a dramatic influx of train traffic. But Minnesota has a long to-do list of its own, such as $240 million in underpasses to alleviate congestion at train-blocked intersections and other safety...

  • Jan 27- After a blizzard that blanketed the northeastern United States but proved less powerful in New York City than predicted, airlines, commuter rail, bus lines and subways resumed limited operations on Tuesday. LIRR service remains suspended on the Montauk Branch east of Babylon, Greenport to Ronkonkoma, Port Jefferson Branch east of Huntington and the...

  • Lower coal revs hit Norfolk Southern profit Monday, 26 Jan 2015 | 1:24 PM ET
    A file photo of a Norfolk Southern freight train.

    Norfolk Southern expects a solid U.S. economy to boost its business in 2015 but said it was too early to gauge the impact of lower energy prices.

  • CHICAGO, Jan 26- Norfolk Southern Corp, the No. 4 U.S. railroad, expects a solid U.S. economy to boost its business in 2015 but said on Monday it was too early to gauge the overall impact of lower energy prices. Norfolk Southern's fourth-quarter profit was hurt by a 15 percent drop in coal revenue. The Norfolk, Virginia- based company said gains in its intermodal, or...

  • 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.

  • 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...

  • JB Hunt beats 4Q profit forecasts Thursday, 22 Jan 2015 | 8:15 AM ET

    LOWELL, Ark. _ JB Hunt Transport Services Inc. on Thursday reported fourth-quarter net income of $110.3 million. The average estimate of analysts surveyed by Zacks Investment Research was for earnings of 89 cents per share. This story was generated by Automated Insights using data from Zacks Investment Research.

  • 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.

  • SAN FRANCISCO, Jan 12- Cargo traffic at several of the biggest U.S. West Coast ports has slowed to near gridlock, negotiators for shipping lines and terminal operators for 29 ports said on Monday as contract talks with the dockworkers' union remain strained. The Pacific Maritime Association said that five of the region's largest ports, including the massive Los...

  • MEXICO CITY, Jan 11- The U.S. Department of Transportation will soon be ready to consider lifting restrictions on Mexican trucking firms seeking to operate throughout the United States, Mexico's Communications and Transport Ministry said on Sunday. Mexico and the United States have been locked in a long-running dispute over granting Mexican truckers...