Road and Rail Railroads

  • *Rush-hour strike affected long-distance trains. BERLIN/ FRANKFURT, Dec 10- German rail workers staged a four-hour stoppage on Monday but their union said it would now pursue talks with operator Deutsche Bahn to resolve a dispute over pay. Deutsche Bahn said train services had started to gradually return to normal after the strike ended at 0800 GMT.

  • BERLIN/ FRANKFURT, Dec 10- Rail workers in Germany staged a four-hour strike over pay on Monday morning, bringing long-distance rail traffic to a standstill and disrupting commuter and freight trains, state-owned rail operator Deutsche Bahn said. The company said that regional train traffic, too, was significantly affected across Germany, with only a few...

  • CALGARY, Alberta, Nov 12- Canada's biggest railroad says it is attracting interest from oil producers in its effort to move crude in solid, puck-like form, as clogged pipelines divert more oil to riskier rail transport. Congested pipelines have stranded much of Canada's crude in Alberta, driving discounts to record-high levels. Interest from crude producers,...

  • CALGARY, Alberta, Nov 11- Canada's biggest railroad says it is attracting interest from oil producers in its effort to move crude in solid, puck-like form, as clogged pipelines divert more oil to riskier rail transport. Congested pipelines have stranded much of Canada's crude in Alberta, driving discounts to record-high levels. Interest from crude producers,...

  • Oct 25- Union Pacific Corp on Thursday posted a bigger-than-expected jump in quarterly profit and said it was working to run its trains more efficiently as new U.S. trade policies and economic softening in Europe threaten to slow business down. We see international economies, particularly Europe, looking like they are slowing down a little bit, "Fritz added,...

  • Shares of Union Pacific, which connects 23 states in the western two-thirds of the United States by rail, were up 2.1 percent at $143.33. A strong economy, robust freight demand and a tight trucking market in the United States have buoyed the railroad sector, which reaped outsized benefits from President Donald Trump's 2017 tax cuts. We see international...

  • Oct 25- Union Pacific Corp, the No. 1 U.S. railroad, topped quarterly Wall Street estimates for profit on Thursday, as it transported more industrial and agricultural products. A strong economy, robust freight demand and a tight trucking market in the United States have buoyed the sector, with railroads also benefiting from President Donald Trump's 2017 tax cuts.

  • Oct 25- No. 1 U.S. railroad Union Pacific Corp reported a 33 percent rise in quarterly profit on Thursday, boosted by a rise in freight revenue. The company's net income rose to $1.59 billion, or $2.15 per share, in the third quarter ended Sept. 30, from $1.19 billion, or $1.50 per share, a year earlier. Revenue rose 9.6 percent to $5.93 billion.

  • Union Pacific, which connects 23 states in the western two-thirds of the United States, in April warned it was unlikely to achieve its profitability target in 2019 due to service problems and congestion on its rail network. In a memo, Omaha, Nebraska- based Union Pacific said it also would eliminate 200 contract positions. Additional cost-cutting efforts...

  • Oct 19 (Reuters- Railroad operator Kansas City Southern on Friday reported a 34 percent jump in quarterly profit even though network congestion hurt operations in Mexico, where the company has extensive services. Kansas City Southern dominates cross-border rail trade between the United States and Mexico and draws about 30 percent of its revenue from U.S.-...

  • A Union Pacific employee closes the entry door on a rail car at the company's facility at the Port of Oakland in Oakland, California.

    Jim Cramer ranks the most investable stocks in the industrial space, which includes railroad operators, manufacturers and aerospace plays.

  • A CSX coal train heads south toward the Ohio River in Cincinnati, Ohio.

    CSX on Tuesday reported quarterly profit that topped Wall Street's view and raised its full-year revenue forecast.

  • Oct 16- CSX Corp on Tuesday reported quarterly profit that topped Wall Street's view and raised its full-year revenue forecast, as the No. 3 U.S. railroad operator benefited from ongoing cost-cutting and higher prices for moving freight. Third-quarter net income at CSX almost doubled to $894 million, or $1.05 per share, topping the average estimate of 94 cents,...

  • 10 'telltale signs' that could prolong the sell-off: Cramer

    Jim Cramer flags the various ways the stock market could continue its broad-based sell-off.

  • Cramer reveals the 10 'telltale signs' that could prolong the sell-off

    Jim Cramer flags the various ways the stock market could continue its broad-based sell-off.

  • Aaron Austin heads in from a day of surfing at Rockaway Beach in Queens, New York on Labor Day where red flags warned of dangerous conditions due to post-tropical cyclone Hermine which tracked off the east coast of the U.S. September 5, 2016.

    Jim Cramer flags the various ways the stock market could continue its broad-based sell-off.

  • Oct 4- Canadian Pacific Railway Ltd's third-quarter profit beat Wall Street expectations on a surge in shipments, prompting it to raise its full-year earnings forecast, Canada's No.2 railroad operator said on Thursday. CP Chief Executive Keith Creel said the company has room to grow, including at its Toronto and Chicago sites. Canada's crude by rail exports...

  • NEW YORK/ VANCOUVER, Oct 2- U.S. East Coast oil refiners are ramping up rail deliveries of crude from Western Canada, grabbing stranded barrels that full pipelines have driven to a record discount. Rail volumes from Canada to East Coast refineries averaged 35,000 barrels a day for the 12 months ending in July, up from 16,000 bpd for the prior 12- month period.

  • Cramer Remix: Apple's new products prove its trillion-dollar valuation is too low

    Jim Cramer explains why Apple's sustained innovation is what keeps driving its stock higher.

  • Jim Cramer on "Mad Money."

    Jim Cramer explains why Apple's sustained innovation is what keeps driving its stock higher.