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 ...

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.

Mr. Bunn added, “Freight revenue in our Expedited segment decreased $6.4 million, or 7.3%. Average total tractors decreased by 48 units or 5.3% to 852, compared to 900 in the prior year quarter.

While peers—especially Canadian Pacific—have caught up over the years, Canadian National was long the Class I railroad with the highest margin (lowest operating ratio) because it was the precision ...