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Dwindling dwell: How Class I railroads are addressing supply chain congestion

Dwindling dwell: How Class I railroads are addressing supply chain congestion
railpage.com.au - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from railpage.com.au Daily Mail and Mail on Sunday newspapers.

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Canadian National Railway Company (NYSE:CNI), Canadian Pacific Railway Limited (NYSE:CP) - 5 Takeaways From Class I Railroads' Earnings Season

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The first-quarter 2021 earnings season for the Class I railroads is over. An optimistic volume outlook, especially for the second half of 2021, plans to improve operational efficiency and take market share away from trucks, and a proposed Class I Canadian railway merger with
Kansas City Southern (NYSE: KSU) were among the key themes expressed by railroad executives.
The underlying message is there are expectations that the efficiency improvements are going to continue and they ll be able to leverage the improvements in volumes throughout the course of the year and be able to look at opportunities to grow their business, said Jeff Windau, an equities analyst with Edward Jones. As they re able to improve their efficiencies, it potentially gives them opportunities to look at other types of business to gain more volumes, like trying to get some more volumes from trucks. ....

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5 takeaways from Class I railroads' earnings season

5 takeaways from Class I railroads’ earnings season
Despite headwinds in the first quarter, Class I rail executives were upbeat about 2021
0 586 6 minutes read
Double-stacked intermodal containers. (Photo: Jim Allen/FreightWaves)
The first-quarter 2021 earnings season for the Class I railroads is over. An optimistic volume outlook, especially for the second half of 2021, plans to improve operational efficiency and take market share away from trucks, and a proposed Class I Canadian railway merger with Kansas City Southern (NYSE: KSU) were among the key themes expressed by railroad executives.
“The underlying message is there are expectations that the efficiency improvements are going to continue and they’ll be able to leverage the improvements in volumes throughout the course of the year and be able to look at opportunities to grow their business,” said Jeff Windau, an equities analyst with Edward Jones. “As they’re able to improve their ....

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CSX CEO on infrastructure bill, tax rates and unexpected challenges - Jacksonville Business Journal

CSX CEO on infrastructure bill, tax rates and unexpected challenges - Jacksonville Business Journal
bizjournals.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bizjournals.com Daily Mail and Mail on Sunday newspapers.

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CSX Corp (CSX) Q1 2021 Earnings Call Transcript

Operator
Good day, and thank you for standing by and welcome to the Q1 2021 CSX Corporation Earnings Conference Call. [Operator Instructions] After the speaker s remarks, there will be a question-and-answer session. [Operator Instructions]
I d now like to hand the conference over to your speaker today, Bill Slater, Head of Investor Relations. Please go ahead.
Bill Slater
Head of Investor Relations
Thank you and good afternoon, everyone. Joining me on today s call are Jim Foote, President and Chief Executive Officer; Kevin Boone, Chief Financial Officer; and Jamie Boychuk, Executive Vice President of Operations.
On Slide 2 is our forward-looking disclosure followed by our non-GAAP disclosure on Slide 3. ....

United States , Ravi Shanker Morgan Stanley , David Vernon , Chris Wetherbee , Ravi Shanker , Kevin Boone , Brian Ossenbeck Jpmorgan , Jason Seidl Cowen , Ken Hoexter , Bill Slater , David Vernon Sanford Bernstein , Brian Ossenbeck , Brandon Oglenski Barclays , Jeff Kauffman , Tom Wadewitz , Sanford Bernstein , Jamie Boychuk , Justin Long , Fadi Chamoun , Jonathan Chappell , Walter Spracklin , Jonathan Chappell Evercore , Alliger Goldman Sachs , Jamesm Foote , Amit Mehrotra , Allison Landry ,