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 ...

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 ...

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 ...

Management reiterated the objective of 150 basis points full-year improvement in adjusted operating ratio for 2026. Wright indicated, “We expect Q1 revenue to be higher than the first quarter of 2025, ...

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 ...

CEO Frederick Holzgrefe highlighted that "our results for the third quarter reflect our continued focus on customer service, network optimization and cost control efforts." He emphasized sequential ...

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 ...

[Stay on top of transportation news: Get TTNews in your inbox.] Losses at Heartland Express narrowed year over year in the third quarter as both legacy brands and two more recently acquired units ...

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, ...

Mr. Bunn added, “Freight revenue in our Expedited segment decreased $6.4 million, or 7.3%. Average total tractors decreased by 48 units or 5.3% to 852, compared to 900 in the prior year quarter.