Heightened intermodal competition took a toll on Norfolk Southern’s volume, revenue, and profits in the fourth quarter. The 7% drop in intermodal volume drove a 4% decline in overall traffic as NS (NYSE: NSC) lost container business to rival CSX (NASDAQ: CSX), which launched an intermodal alliance with BNSF Railway (NYSE: BRK-B) last summer. NS Chief Executive Mark George said the fourth quarter played out amid a softer volume environment than had been predicted. “But even so, we controlled the controll ...

Soft demand is holding down revenue at Union Pacific and CSX. The Class I railroads both saw annual revenue declines of 1 percent, with Union Pacific’s operating revenue coming in at $6.1 billion and CSX reeling in $3.5 billion. Both companies say poor volumes more than offset pricing gains and higher revenues from fuel surcharges. More from Sourcing Journal Revenue carloads at Union Pacific fell 4 percent to 2.1 million, while volumes at CSX grew 1 percent to 1.6 million units. Despite the slowed volu ...

Q4 2025 EARNINGS CALL January 29, 2026 FORWARD-LOOKING STATEMENTS / NON-GAAP MEASURES This presentation and the related materials contain "forward-looking statements" within the meaning of the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995, as amended. These statements relate to future events or future performance of Norfolk Southern Corporation (NYSE: NSC) ("Norfolk Southern," "NS," the "Company," "we," "our," or "us") and involve known and unknown risks, uncertainties, an ...

Norfolk Southern today reported fourth quarter income fell 17% to $937 million on revenue that was down 2% to $3 billion, as freight volumes declined 4% from a year ago. Diluted earnings per share were $2.87, down 36 cents, or 11%, compared to fourth quarter 2024. Taking out expenses related to the proposed merger with Union Pacific (NYSE: UNP) and ongoing costs of the East Palestine, Ohio, derailment, per share earnings were $3.22, up 6%, y/y. The Atlanta-based company (NYSE: NSC) said current quarter ...

We recently compiled a list of the 20 Most Profitable Stocks of the Last 20 Years. The ninth stock on our list of most profitable stocks is Canadian Pacific Kansas City Limited. TheFly reported on January 21 that Scotiabank increased its price target for CP to C$124 from C$119 and maintained an Outperform rating on the stock. Canadian Pacific Kansas City Limited (CP) to Receive 70 Tier 4 Locomotives from Wabtec, 30 from Progress Rail This Year Additionally, on the same day, Canadian Pacific Kansas City ...

Norfolk Southern reported lower income and revenue in the fourth quarter, as it continues to operate in what Chief Executive Mark George called a volatile and challenging macroeconomic environment. ...

Core Insights - Canadian Pacific Kansas City (CP) reported revenue of $2.81 billion for the quarter ended December 2025, reflecting a year-over-year increase of 1.6% but a surprise of -1.79% compared to the Zacks Consensus Estimate of $2.87 billion [1] - The earnings per share (EPS) for the same period was $0.95, which is an increase from $0.92 a year ago, but fell short of the consensus estimate of $0.99, resulting in an EPS surprise of -4.04% [1] Financial Performance Metrics - Revenue ton-miles (RTMs) for Intermodal was reported at 9.34 billion, below the average estimate of 9.64 billion from four analysts [4] - Total carloads were 1.13 million, slightly below the average estimate of 1.14 million [4] - The core adjusted operating ratio was 55.9%, better than the estimated 56.4% by four analysts [4] Segment Performance - Carloads in the Energy, chemicals, and plastics segment were 139.1 thousand, compared to the average estimate of 140.84 thousand [4] - Carloads for Grain were reported at 162.2 thousand, below the average estimate of 164.46 thousand [4] - Carloads for Coal were 127.6 thousand, exceeding the average estimate of 124.24 thousand [4]

Creel and other executives pointed to an “all-time record” Canadian grain harvest estimate of 85 million metric tons, compared with a prior record of 78 million, as a key contributor to 2026 volume expectations. The company also highlighted continued growth in intermodal service offerings, including its Midwest-to-Mexico MMX product and a developing Southeast-to-Mexico intermodal product with CSX.Chief Executive Officer Keith Creel said the company expects “another year of mid-single-digit volume growth” an ...

Canadian Pacific Kansas City (NYSE:CP) Q4 2025 Earnings call January 28, 2026 04:30 PM ET Company ParticipantsChris Wetherbee - Managing Director and Head of Transportation and Shipping ResearchChris de Bruyn - VP of Capital MarketsJohn Brooks - EVP and CMOJonathan Chappell - Senior Managing DirectorKeith Creel - President and CEOKen Hoexter - Managing DirectorKonark Gupta - Director of Equity ResearchMark Redd - EVP and COONadeem Velani - EVP and CFORavi Shanker - Managing DirectorWalter Spracklin - Direct ...

Canadian Pacific Kansas City (NYSE:CP) Q4 2025 Earnings call January 28, 2026 04:30 PM ET Company ParticipantsChris Wetherbee - Managing Director and Head of Transportation and Shipping ResearchChris de Bruyn - VP of Capital MarketsJohn Brooks - EVP and CMOJonathan Chappell - Senior Managing DirectorKeith Creel - President and CEOKen Hoexter - Managing DirectorKonark Gupta - Director of Equity ResearchMark Redd - EVP and COONadeem Velani - EVP and CFORavi Shanker - Managing DirectorWalter Spracklin - Direct ...