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Posts published in “Day: January 16, 2019”

UPDATE 1-CSX beats profit forecast, but stock down on outlookUPDATE 1-CSX beats profit forecast, but stock down on outlook

UPDATE 1-CSX beats profit forecast, but stock down on outlook

By Railroad Worker News on January 16, 2019

(Adds details on results, forecasts, company comment) LOS ANGELES, Jan 16 (Reuters) - CSX Corp on Wednesday reported quarterly profit that topped Wall Street's view, but shares fell 2 percent after the No. 3 railroad operator forecast less robust revenue growth for 2019. Cooling economies in Asia and Europe are roiling global stock markets and…

CP ‘takes exception’ to government probe into Vancouver rail service issuesCP ‘takes exception’ to government probe into Vancouver rail service issues

CP ‘takes exception’ to government probe into Vancouver rail service issues

By Railroad Worker News on January 16, 2019

Rail News Home Federal Legislation & Regulation 1/15/2019 Rail News: Federal Legislation & Regulation CP 'takes exception' to government probe into Vancouver rail service issues Canadian Pacific executives are taking issue with a Canadian Transportation Agency (CTA) plan to include the Class I in a far-reaching investigation into possible freight-rail service problems in the Vancouver,…