William C. Vantuono

1 week ago | railwayage.com | William C. Vantuono

FROM THE EDITOR, RAILWAY AGE MAY 2025 ISSUE: Frank N. Wilner, in his May “Watching Washington” column, talks about “bridges of understanding” that could “be built between discordant rail labor and rail management, if only they would cease lecturing each other and engage.

2 weeks ago | railwayage.com | William C. Vantuono

When CJ Bender put his arm around his nephew W. Ray Wallace in 1946 and told him, “We’re going to build something. One day, you’ll be proud of what we’re going to have,” he couldn’t have imagined where the company that he helped co-found would be in 2025.

2 weeks ago | railwayage.com | William C. Vantuono

In reporting first-quarter 2025 results, Canadian Pacific Kansas City (CPKC) said it is off to a “strong start,” but amended its 2025 earnings guidance based on “ongoing tariff and trade policy uncertainty.”Revenues increased by 8% to C$3.8 billion from C$3.5 billion in 1Q24. The reported operating ratio (OR) decreased by 210 basis points to 65.3% from 67.4%. The core adjusted OR decreased 150 basis points to 62.5% from 64.0%. Reported diluted EPS increased 17% to C$0.97 from C$0.83.

3 weeks ago | railwayage.com | William C. Vantuono

Union Pacific’s first-quarter 2025 financial results indicate a “solid start” to the year. Though earnings per diluted share and operating income were flat, “reflecting a 7% headwind from fuel and leap year,” revenue carloads and freight revenue excluding fuel surcharge rose. “The team delivered a solid start to the year as we worked closely with our customers to meet their needs in an uncertain environment,” said CEO Jim Vena.

3 weeks ago | railwayage.com | William C. Vantuono

The U.S. Supreme Court (SCOTUS) declined on April 21 to hear CSX’s bid to revive its antitrust lawsuit accusing Norfolk Southern of illegally restricting access to Norfolk International Terminals (NIT), served by the Norfolk & Portsmouth Belt Line Railroad Company (NPBL), according to Reuters. SCOTUSrejected CSX’s appeal of a lower court’s ruling last year that the railroad “sued too late, missing a four-year window to bring claims for U.S. antitrust law violations,” Reuters reported.