Adam Hayes, Ph.D., CFA, is a financial writer with 15+ years Wall Street experience as a derivatives trader. Besides his extensive derivative trading expertise, Adam is an expert in economics and ...
Heartland Express is keying in on cost cutting to improve its operating ratio and stem a run of quarters in the red. The North Liberty, Iowa-based company posted a loss in the fourth quarter of 2024 ...
It is no secret that the transportation sector had a very tough time last year, thanks to the COVID-19 outbreak. Railroads, being one of the most important corners of this widely-diversified sector, ...
BNSF Railway needs to close the operating-ratio gap with the other Class I railroads, new Berkshire Hathaway Chief Executive Greg Abel said on Saturday in his first annual letter to shareholders. BNSF ...
Union Pacific's Q4 revenue declined 1%, impacted by lower fuel surcharges and business mix, but EPS grew 7% YoY. The company improved its operating ratio to 58.7%, increased productivity, and ...
Kevin Freeman, President and CEO, opened by stating, "Old Dominion's third quarter financial results reflect continued softness in the domestic economy. Our revenue declined 4.3% compared to the third ...
Norfolk Southern (NS) on Oct. 22 reported third-quarter 2024 financial results that reflected an adjusted operating ratio of 63.4%, excluding the “impact of railway line sales, the Eastern Ohio ...
Amounts may not add due to rounding. (1) Fuel, operating expenses and supplies includes fuel-related taxes. (2) Operating ratio is calculated as (1 - (Operating income divided by Revenue)) using the ...