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 ...

“Cash is King” is more than just a cliché; it is a fundamental truth. A company can report billions in profit on its income statement, yet if it runs out of the actual money needed to pay its short ...

Union Pacific (NYSE:UNP) reported a profit beat and an operating ratio improvement of more than 100 basis points in the third quarter, which overshadowed the railroad operator's slight revenue miss.

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 ...