Railroad News
CN is the only railway company included on the Corporate Knights 2021 Global 100 Index.Photo – CN
CN was ranked the 10th most sustainable corporation in the world on the Corporate Knights 2021 Global 100 Index.
CN is the only railway company included on the list this year, CN officials said in a press release.
Kansas City Southern today reported fourth-quarter 2020 revenue declined 5% to $693.4 million compared with $729.5 million during the same period in 2019.
KCS officials attribute the decrease primarily to lower volumes related to a service interruption in Mexico due to teachers protests, lower fuel surcharge and fluctuations in foreign currency.
The Class I's operating ratio (OR) of 57% — compared with 60% a year earlier — set a fourth-quarter record.Photo – csx.com
CSX Corp. yesterday reported fourth-quarter 2020 net earnings of $760 million, or 99 cents per share, compared with $771 million, or 99 cents per share, in the previous year's same quarter.
The Q4 2020 net income included a $48 million charge, or 5 cents per share after tax, related to debt retirement.