Since the railroad already preannounced its disappointing results earlier this month when it disclosed a $600 million settlement over the disastrous February 2023 Ohio derailment there were few surprises in Wednesday’s numbers. Without the settlement and some other one-time costs, the railroad said it would have made $2.39 per share while Wall Street was predicting earnings of $2.60 per share. The Atlanta-based railroad’s profit was down from $466 million, or $2.04 per share, a year ago even though the railroad delivered 4% more shipments during the quarter.
Three people have been injured in an incident at a school in West Wales. Ysgol Dyffryn Aman in Carmarthenshire has been closed as investigations continue. Dyfed-Powys Police said three people have been injured and are receiving treatment.
The postal group needs a ‘change of direction’, said Communication Workers Union leader Dave Ward.