Road and Rail Railroads

  • DETROIT, Oct 20- The top executive of railroad Union Pacific Corp said on Thursday that despite negative election campaign rhetoric about free trade agreements, they have benefited the U.S. economy and he is optimistic Congress will pass the Trans Pacific Partnership. Trump also has railed against the North American Free Trade Agreement with Canada and...

  • DETROIT, Oct 20- Union Pacific Corp reported a lower-than-expected quarterly profit as freight volumes declined and it forecast a further drop in the current period due partly to the strong U.S. dollar and soft demand for consumer goods. "The macroeconomic environment still has its challenges- an unstable global economy, the relatively strong U.S. dollar, and...

  • DETROIT, Oct 20- Union Pacific Corp reported a lower-than-expected quarterly profit as freight volumes declined and forecast a drop in the current period due partly to the strong U.S. dollar and soft demand for consumer goods. "The macroeconomic environment still has its challenges- an unstable global economy, the relatively strong U.S. dollar, and continued...

  • DETROIT, Oct 20- Union Pacific Corp reported a lower-than-expected quarterly profit as freight volumes declined, and it forecast a volume drop in the current period as a strong U.S. dollar and soft demand for consumer goods weighs on its results. The No. 1 U.S. railroad's earnings miss on Thursday came despite posting slightly higher-than-expected revenue.

  • DETROIT, Oct 20- No. 1 U.S. railroad Union Pacific Corp on Thursday reported a lower quarterly net profit that missed expectations as freight volumes fell 6 percent and warned of continued business challenges, including a strong U.S. dollar and soft demand for consumer goods. The Omaha, Nebraska company's earnings miss came despite posting slightly...

  • CHICAGO, Oct 13- U.S. coal freight volumes, in decline for close to two years, will fall further, though the slowing pace of drop should ease the shock to U.S. railroads, the top executive of No. 3 U.S. railroad CSX Corp said on Thursday. "If we had to make our best guess today, there will be another decline in coal but it will be much less on a percentage basis and obviously much...

  • CHICAGO, Oct 12- No. 3 U.S. railroad CSX Corp on Wednesday reported a lower quarterly net profit that was hurt by an 8 percent drop in revenue and freight volumes, but came in above market expectations and sent its stock up nearly 3 percent. "Our financial results demonstrate CSX's ability to deliver value for shareholders and customers in the current business...

  • CHICAGO, Oct 12- No. 3 U.S. railroad CSX Corp on Wednesday reported a lower quarterly net profit that was hurt by an 8 percent drop in revenue and freight volumes, but came in above market expectations and sent its stock up nearly 3 percent. The Jacksonville, Florida- based railroad reported third-quarter net income of $455 million or 48 cents per share, down nearly 8...

  • CHICAGO, Oct 12- No. 3 U.S. railroad CSX Corp on Wednesday reported a lower quarterly net profit, citing an 8 percent drop in revenue and freight volumes, with coal freight down 21 percent in the three months ending Oct 31. The Jacksonville, Florida- based railroad reported third-quarter net income of $455 million or 48 cents per share, down nearly 8 percent from $507...

  • Transports on the move

    Chris Wetherbee, Citi senior analyst provides his outlook on transports and what it indicates about the U.S. economy.

  • CSX earnings on tap

    CNBC's Morgan Brennan takes a look at Street expectations when major rail company CSX reports quarterly result after the bell.

  • Three things to watch when CSX reports

    CNBC's Landon Dowdy reports the Street is expecting a bumpy third quarter for CSX Corp.

  • A New York Penn Station-bound Long Island Rail Road train arrives at the Freeport, LIRR station in 2014.

    An LIRR passenger train derailed on Saturday near New Hyde Park, New York, injuring as many as 29 and forcing service suspension, officials said.

  • In India, GE has needed to take additional, sometimes extraordinary, steps to grow its business, said John Rice, the company’s vice chairman.

  • Hoboken train crash investigation continues

    CNBC's Courtney Reagan reports the latest on the Hoboken, New Jersey train crash.

  • 1 dead, 108 hurt in Hoboken crash : NJ Gov. Christie

    CNBC's Courtney Reagan reports the latest on the Hoboken, New Jersey train crash.

  • Hoboken search and rescue still considered 'active'

    CNBC's Courtney Reagan reports the latest on the Hoboken, New Jersey train crash.

  • Hoboken crash thought to be accidental or due to operator error

    CNBC's Courtney Reagan reports the latest on the Hoboken, New Jersey train crash.

  • 'Mulitple critical injuries' in Hoboken train crash

    CNBC's Carl Quintanilla and Sara Eisen report the latest on the Hoboken, New Jersey train crash.

  • Three dead, up to 100 hurt in Hoboken train crash

    CNBC's Carl Quintanilla and Sara Eisen report the latest on the Hoboken, New Jersey train crash.