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Trinity ‘Encouraged’ by U.S. Rail Markets’ Continued Recovery

Trinity reported total company revenues of $371.5 million in second-quarter 2021, down 27.04% from prior-year period’s $509.2 million.

UP Produces 'Record' Quarterly Results

Union Pacific Railroad today reported 2021 second-quarter net income of $1.8 billion, or $2.72 per diluted share, compared to $1.1 billion, or $1.67 per diluted share, a year ago.

CSX Reports Growth Across All Business Lines in Q2

CSX Corp. announced second-quarter 2021 net earnings of $1.2 billion, or 52 cents per share, compared to $499 million, or 22 cents per share in the same period last year.

Shortage of Railroad Workers Threatens Recovery

Struggle to bring crews back draws scrutiny from regulators, who were already concerned about lean operations.

Union Pacific Plans to End Container Embargo After One Week

CEO says seven-day halt should lead to ‘a normal backlog'.

Surface Transportation Board: How Are Railroads Addressing Intermodal Congestion?

STB mulling whether to enable containers to fall under demurrage policy and rules.

PSR Point/Counterpoint: Fortune

Precision Scheduled Railroading (PSR) continues to be, in a word, controversial.

Halliburton Posts $227 Million Profit in Second Quarter

Halliburton turned a profit in the second quarter as drilling activity continued to rebound with the rising price of oil.

U.S. Crude Oil Exports Reached Record in 2020

Despite volatility in global oil markets, U.S. crude exports reached a record high in 2020, according to the Energy Department.
 
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