OMAHA, Neb. — WWL Vehicle Services Americas recently recognized Union Pacific as its 2010 rail carrier of the year, citing Union Pacific’s performance in the areas of timely delivery, quality and customer service.
NORFOLK, Va. — Norfolk Southern Corp. announced that its Board of Directors today voted to increase the regular quarterly dividend on the company’s common stock by 7.5 percent, or 3 cents per share, from 40 to 43 centsper share.
OMAHA, Neb. — Union Pacific Corp. reported 2011 second quarter net income of $785 million, or $1.59 per diluted share, compared to $711 million, or $1.40 per diluted share, in the second quarter 2010.
NORFOLK, Va. — During eight days earlier this month, Norfolk Southern completed $16.2 million in track, bridge, and signal improvements in southwestern Pennsylvania’s Monongahela Valley.
JACKSONVILLE, Fla. — CSX Corp. announced second quarter net earnings of $506 million, or $0.46 per share, versus $414 million, or $0.36 per share, in the same period last year. This represents a 28 percent year-over-year improvement in earnings per share.
TORONTO — CN announced plans to construct two more extended sidings on its Northern Ontario main line this year, bringing its investments in seven long sidings in this corridor to more than C$30 million. Two additional extended sidings, costing a total of C$10 million, are planned for this main line in 2012.