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 ...

Operating ratio in the quarter was 47.7% compared to 74.6% in third quarter 2023. On an adjusted basis, the operating ratio for third quarter 2024 was 63.4%. This represents 570 basis points of ...

In reporting second-quarter 2025 financial results that showed improvements in revenue, net income, volume and operating ratio, Union Pacific confirmed what has been widely speculated for the past few ...

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 ...

* ROIC is considered a non-GAAP financial measure by SEC Regulation G and Item 10 of SEC Regulation S-K and may not be defined and calculated by other companies in the same manner. We believe this ...

While peers—especially Canadian Pacific—have caught up over the years, Canadian National was long the Class I railroad with the highest margin (lowest operating ratio) because it was the precision ...