A few weeks shy of their respective first quarter earnings announcements East Coast-based Class I railroads Norfolk Southern and CSX are feeling pretty good about their businesses.
Norfolk Southern CEO Wick Moorman stated in the company’s 2012 annual report that the future is promising for the rail carrier, which saw 2012 come in as its second best year ever in its history in terms of revenue at $11 billion, operating income at $3.1 billion, net income at $413 million, and earnings per share at $5.37.
Read the complete article at Logistics Management.
Related News
- What SMART-TD Members Need to Know as SEPTA Strike Looms For TWU
- Help Local 427 Compete to “Fill the Sleigh” With Donated Bikes
- Veteran Benefits Enhancement Act Protects Railroaders Who Served
- Brother loses leg to on-the-job injury, Needs Our Help
- Honoring Our Members Who Have Served: A Veterans Day Message from President Ferguson
- 2025 Houston Solidarity Rally: barbecue, brotherhood, and building power
- SMART-TD’s Chris Smith Wins City Council Seat in Tama, Iowa
- NTSB Issues Two Rail Safety Alerts
- Railroader Healthcare Costs Remain Stable While National Averages Soar
- Call to Action in Mass.: Transit Safety Legislation Up for Final Vote