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 ...
Canadian National Railway has been choppy this year. After gaining 13% through March 2, the stock has fallen nearly 10% since ...
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 ...
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 ...
Management reiterated the objective of 150 basis points full-year improvement in adjusted operating ratio for 2026. Wright indicated, “We expect Q1 revenue to be higher than the first quarter of 2025, ...
[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 ...
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 ...
Heartland Express Chief Executive Officer Mike Gerdin commented on the quarterly operating results and ongoing initiatives of the Company, "Our consolidated operating results for the three and nine ...
Amounts may not add due to rounding. (1) Fuel, operating expenses and supplies includes fuel-related taxes. (2) Operating ratio is calculated as (1 - (Operating income divided by Revenue)) using the ...
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 ...