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WASHINGTON — Surface Transportation Board Chairman Martin J. Oberman says he’s concerned about reports that an activist investor plans to launch a proxy fight to oust Norfolk Southern CEO Alan Shaw. “Is this an investor whose goal it is to reinstate the bad old days when the marching orders to the C-suite were to cut, […]
WASHINGTON — Canadian National’s proposed acquisition of the 218-mile Iowa Northern Railway will boost rail competition, divert freight off the highway, and give Iowa shippers broader access to single-line service, CN says in a merger application filed this week with the Surface Transportation Board. CN spent $230 million to acquire the Class III railroad from […]
Bunge, an agricultural company, has become the first shipper to join the RailPulse freight car telematics joint venture. “By joining RailPulse as the first railcar-owning shipper, we are taking a proactive step toward driving positive change and digital transformation within the rail shipping industry,” Terry McDermott, director of supply chain – North American Rail at […]
Amtrak is beginning to give its General Electric locomotive fleet a look in keeping with its newer units. Fresh from an overhaul at the Beech Grove Heavy Maintenance Facility, Amtrak P42 No. 174, manufactured in 2001, sports a variation of the paint scheme the company uses on its new Siemens Charger locomotives as it leads the […]
KEENESBURG, Colo. — Amtrak’s eastbound California Zephyr derailed Monday night after striking a truck at a grade crossing northeast of Denver, KDVR-TV reports. Amtrak said that “no serious customer injuries” occurred in the collision and derailment that occurred about 10 p.m. east of Keenesburg, according to the Colorado State Patrol, although an exact number was […]
Norfolk Southern, the Brotherhood of Locomotive Engineers and Trainmen, and the SMART-TD union will participate in the Federal Railroad Administration’s Confidential Close Call Reporting system, or C3RS, the railroad and labor unions said in a joint statement today. “NS is proud to partner with our labor leaders and FRA to make another industry-leading advancement in […]
NEW YORK — New York’s first batch of “open gangway” subway cars — those with accordion-style connections, rather than doors between cars, making it easy to walk from car to car — will not be able to operate on some express lines because their design creates a conflict with New York City Transit operating rules, […]
BOSTON — A 10-day shutdown of the Massachusetts Bay Transportation Authority’s Red Line between the Alewife and Harvard stations is the centerpiece of MBTA’s plans for major maintenance projects in February, the latest phase in a more than year-long effort to eliminate the accumulated slow orders on the agency’s rail transit system. Also, an 18-day […]
ATLANTA — Norfolk Southern told employees today that it will eliminate 7% of its management and staff positions as a cost-cutting move. The railroad is set to publicly announce the cutbacks during its fourth-quarter earnings call on Friday morning. NS is offering voluntary severance packages to eligible employees, according to people familiar with the matter. […]
WASHINGTON — The Federal Railroad Administration today announced a final rule requiring railroads to provide emergency escape breathing apparatuses for train crew members and other employees who could be at risk in the event of a hazardous material release — a regulation stemming from last year’s incident in East Palestine, Ohio. The rule is scheduled […]
OMAHA, Neb. — Union Pacific expects muted traffic volume this year due to a combination of a slow economy, lower demand for coal, and the loss of an international intermodal contract to BNSF Railway. UP executives discussed their outlook for the year while releasing fourth-quarter financial results this morning. “The Union Pacific team is executing […]
BRUNSWICK, Maine — A proposal to use a Rail Diesel Car to offer year-round connections on a former Maine Central branch line from Rockland, Maine to a rendezvous with Northern New England Passenger Rail Authority’s Amtrak-operated Downeaster at Brunswick, Maine, is being re-evaluated after the RDC suffered a debilitating breakdown last fall. Midcoast Railservice, the carrier with […]
