BNSF Railway needs to close the operating-ratio gap with the other Class I railroads, new Berkshire Hathaway CEO Greg Abel said on Saturday in his first annual letter to shareholders. BNSF continues ...

Heartland Express is keying in on cost cutting to improve its operating ratio and stem a run of quarters in the red. The North Liberty, Iowa-based company posted a loss in the fourth quarter of 2024 ...

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, ...

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 ...

Norfolk Southern (NS) on Oct. 22 reported third-quarter 2024 financial results that reflected an adjusted operating ratio of 63.4%, excluding the “impact of railway line sales, the Eastern Ohio ...

[Stay on top of transportation news: Get TTNews in your inbox.] Losses at Heartland Express narrowed year over year in the third quarter as both legacy brands and two more recently acquired units ...

Union Pacific's Q4 revenue declined 1%, impacted by lower fuel surcharges and business mix, but EPS grew 7% YoY. The company improved its operating ratio to 58.7%, increased productivity, and ...

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.