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
- Truth and Lies about the BNSF Crew Consist Agreement
- Monopoly in the Making: Union Pacific’s Merger Ambitions Could Shake UP the Rail Industry
- Celebrating the Life and Legacy of Brother Daniel A. May
- Championing Rail and Transit Safety from Coast to Coast
- Potential NJ Transit Strike: What SMART-TD Members Need to Know
- Union Support Available for Members Affected by Maryland, Virginia, and Pennsylvania Flooding
- Local 202’s Tierney Gallegos connects union strength with public good
- Support Brother Michael Garcia After a Tragic Loss
- Alabama Port Authority learns a lesson in solidarity
- In Loving Memory of Donald H. Wolff II