Revenue and Earnings Growth
Revenue increased by 3% year-over-year, and adjusted earnings per share were 23% higher than the third quarter last year.
Significant Improvement in Operating Ratio
Achieved a 570 basis point improvement in adjusted OR, bringing the ratio down to 63.4%.
Operational Productivity Gains
System-wide improvements led to a 13% increase in car velocity, driven by a 9% increase in train speed and reductions in terminal dwell.
Volume Growth Across Segments
Overall volume increased by 7% year-over-year, with contributions from all three segments: merchandise, intermodal, and coal.
Successful Line Sales
Completed significant line sales resulting in $380 million of gains and generated almost $400 million in cash.