earnings

Cost savings boost Norfolk Southern profits despite impact of winter storms

Norfolk Southern posted higher profits in the first quarter despite flat revenue and the impact of harsh winter weather.

“There’s a lot to be pleased with this quarter,” CEO Mark George said, including delivering financial results in line with expectations despite a “vicious winter” that included 18 storms.

“Our network resiliency was evident again thanks to great planning and execution by our team,” George told investors and analysts on the railroad’s Wednesday morning earnings call.

Adjusted for...

https://www.freightwaves.com/news/cost-savings-boost-norfolk-southern-profits-despite-impact-of-winter-storms

First look: Norfolk Southern earnings

Norfolk Southern Corp. on Wednesday reported a rebound in first-quarter profits despite slightly weaker revenue from a year ago as it recovered from severe winter weather across its network.

The Atlanta-based railroad (NYSE: NSC) reported railway operating revenues of $3 billion, down $11 million compared to the first quarter of 2024. Income from railway operations was $1.1 billion, an increase of $933 million.

Operating ratio in the quarter was 61.7% compared to 92.9% in the first quarter of...

https://www.freightwaves.com/news/first-look-norfolk-southern-earnings

FedEx dice que la incertidumbre económica desaceleran los paquetes y la demanda de flete

Las acciones de FedEx Corp. cayeron más del 5% en la negociación del mercado de accesorios el jueves después de que el gigante de la parcela integrado redujo su guía de todo el año para el tercer trimestre consecutivo debido a la intensificación de los vientos en contra y la incertidumbre en la...

https://fullavantenews.com/fedex-dice-que-la-incertidumbre-economica-desaceleran-los-paquetes-y-la-demanda-de-flete/?lang=es

FedEx says economic uncertainty slowing parcel and freight demand

FedEx Corp. shares fell more than 5% in aftermarket trading Thursday after the integrated parcel giant reduced its full-year guidance for the third consecutive quarter because of intensifying macroeconomic headwinds and uncertainty in the U.S. industrial economy, which are crimping higher margin B2B shipping services.

FedEx (NYSE: FDX) said it expects revenue to be flat to slightly down year over year from the previous outlook of flat revenue. The estimated range of earnings per share, excluding...

https://www.freightwaves.com/news/fedex-says-economic-uncertainty-slowing-parcel-and-freight-demand

BNSF profits and revenue lag railway’s overall traffic growth

OMAHA, Neb. — BNSF Railway’s pretax profits increased slightly in 2024 as traffic-mix changes — more intermodal, less coal — and lower fuel surcharge revenue offset an overall 6.5% increase in freight volume.

For the year, BNSF’s pretax earnings increased 0.5%, to $6.64 billion, while revenue declined 0.5%, to $23.35 billion, the railway’s corporate parent, Berkshire Hathaway, reported on Saturday.

BNSF’s net income declined 1.1%, to $5.03 billion. The railway’s operating ratio was 68%, an...

https://www.freightwaves.com/news/bnsf-profits-and-revenue-lag-railways-overall-traffic-growth

Los resultados de Trinity Q4 caen en las entregas de vagones más bajos

Trinity Industries vio caer los ingresos y las ganancias en el cuarto trimestre en menos entregas de nuevos vagones y dijo que se espera que los aranceles estadounidenses reduzcan las entregas de la industria en un 20% en 2025. Durante los tres meses que terminan el 31 de diciembre, Trinity con...

https://fullavantenews.com/los-resultados-de-trinity-q4-caen-en-las-entregas-de-vagones-mas-bajos/?lang=es

Trinity Q4 results fall on lower railcar deliveries

Trinity Industries saw revenue and profit fall in the fourth quarter on fewer deliveries of new railcars and said U.S. tariffs are expected to cut industry deliveries by 20% in 2025.

For the three months ending Dec. 31, Dallas-based Trinity (NYSE: TRN) on Thursday reported revenue of $629 million, down from $798 million year over year, and operating profit of $112 million, off from $149 million.

Pretax earnings fell to $191 million from $225 million. Diluted earnings per share totaled 39 cents...

https://www.freightwaves.com/news/trinity-q4-results-fall-on-lower-railcar-deliveries

Verifique la llamada: 2024 Ganancias trimestrales Se pierda la marca en Wall Street

(GIF: GIPHY) A medida que finalizó el cuarto trimestre de 2024, los corredores de carga de todas partes quedaron con un dolor de cabeza colectivo. Con los informes de ganancias de corredores de bolsa que se negocian públicamente ahora, los números contaban una historia que la mayoría de la...

https://fullavantenews.com/verifique-la-llamada-2024-ganancias-trimestrales-se-pierda-la-marca-en-wall-street/?lang=es

Check Call: 2024 quarterly earnings miss the mark on Wall Street

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As the fourth quarter of 2024 wrapped up, freight brokers everywhere were left with a collective headache. With the earnings reports of publicly traded brokerages now out in the open, the numbers told a story that most in the industry had already lived through – and it wasn’t pretty. In fact, it was the kind of quarter that had many brokers double-checking their calendars as Q4 historically has been a gangbuster quarter.

C.H. Robinson managed to put up better numbers year over...

https://www.freightwaves.com/news/check-call-2024-quarterly-earnings-miss-the-mark-on-wall-street

CPKC sees higher Q4 profits, forecasts continued growth despite trade concerns

CALGARY, Alberta — Canadian Pacific Kansas City (NASDAQ: CP) reported higher fourth-quarter profits and revenue as the railway’s merger-related synergies accelerated.

“Despite a number of challenges, we delivered on the guidance that we set out at the start of the year, to produce double-digit earnings growth. And we did it safely,” CEO Keith Creel told investors and analysts on the railway’s earnings call Wednesday.

Despite economic uncertainties and the Trump administration’s threat of imposing...

https://www.freightwaves.com/news/cpkc-sees-higher-q4-profits-forecasts-continued-growth-despite-trade-concerns

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