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 ...

It is no secret that the transportation sector had a very tough time last year, thanks to the COVID-19 outbreak. Railroads, being one of the most important corners of this widely-diversified sector, ...

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 ...

Union Pacific (NYSE:UNP) reported a profit beat and an operating ratio improvement of more than 100 basis points in the third quarter, which overshadowed the railroad operator's slight revenue miss.

Operating ratio in the quarter was 47.7% compared to 74.6% in third quarter 2023. On an adjusted basis, the operating ratio for third quarter 2024 was 63.4%. This represents 570 basis points of ...

CEO Frederick Holzgrefe highlighted that "our results for the third quarter reflect our continued focus on customer service, network optimization and cost control efforts." He emphasized sequential ...