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CSX says railroad won't deliver double-digit profit growth this year because coal demand weak

2015-04-15 17:56:54| Railroads - Topix.net

CSX now says that the railroad won't deliver the double-digit profit growth it promised this year because coal demand remains weak. Executives remain optimistic about the railroad's prospects because service is improving, but they said Wednesday, a day after posting first-quarter earnings, that mid-to-high single-digit profit growth is likely in 2015.

Tags: year growth demand profit

The Art of Railroad Axle Manufacturing

2015-04-14 12:31:11| Industrial Newsroom - All News for Today

Remanufactured three-stage lathe line with Sinumerik 840D sl CNC provides dynamic solution for railroad axle manufacturer Euro Machinery Specialists (Menomonee Falls, WI) recently remanufactured a 1960s vintage Snyder "Three-Stage" lathe machining line for its customer, Standard Forged Products (McKees Rocks, PA...

Tags: art manufacturing railroad axle

The Art of Railroad Axle Manuacturing

2015-04-13 12:31:10| Industrial Newsroom - All News for Today

Tags: art railroad axle

Oil and gas activity benefits 2014 bottom line for railroad

2015-04-09 19:53:46| Railroads - Topix.net

Hauling oilfield pipe bound for the North Slope provided a better-than-expected source of revenue for the Alaska Railroad Corp. in 2014. Shipments of pipe measured in raw tonnage have increased by 64 percent in the last three years.

Tags: line activity bottom benefits