April, 2010 - jstagl - Editors' Posts - MyProgressiveRailroading
    • 23 Apr 2010

    Inside 1Q performance at UP

    Here are a few tasty tidbits from Union Pacific Railroad’s first-quarter earnings conference that I listened to yesterday. EVP of Marketing and Sales Jack Koraleski said the railroad no longer would have domestic intermodal legacy deals after replacing a CSX Intermodal legacy contract with the UMAX joint venture in the first quarter. “This is significant because it allows us to work directly with the majority...
    • 14 Apr 2010

    Inside CSX's 1Q results

    CSX Corp. beat the Street’s expectations for first-quarter earnings and revenue growth. During a Webcast and teleconference the morning of April 14, CSX senior execs provided color as to how. First, EVP of Sales and Marketing Clarence Gooden said revenue per unit rose 5.9 percent to $1,676 after declining in the past four quarters. He then reviewed each segment that helped drive up revenue 11 percent to $2.5 billion...
    • 6 Apr 2010

    Surveying the MOW landscape at small railroads

    I spent the better part of March coaxing and collecting maintenance-of-way surveys from regionals and short lines for our 9th annual MOW poll. A record-setting 46 small railroads responded this year — I’m not sure why, perhaps my persuasive personality? That number actually could have climbed to 50 or more based on the emails and phone calls I received from several short liners after the survey deadline who...