NS activist investor and engineers’ union reached agreement last week

Industry observers had wondered why the Brotherhood of Locomotive Engineers and Trainmen — which had vehemently opposed an activist investor’s plans to oust Norfolk Southern’s management team — flip-flopped on Friday and decided to support Ancora Holdings’ calls for change at the railroad. The reason became apparent on Sunday, when the SMART-TD union that represents […]

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Missouri congressman seeks to block two-person crew rule

Trains Washington Watch logo

WASHINGTON — A Missouri congressman has introduced a resolution seeking to nullify the Federal Railroad Administration’s two-person crew requirement announced earlier this month. U.S. Rep. Eric Burlison (R-Springfield, Mo.) introduced the Congressional Review Act resolution in the wake of the FRA requirement [see “FRA issues rule requiring two-person train crews,” Trains News Wire, April 2, […]

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STB’s Oberman sets May 10 date for retirement

Man standing in front of banner for Midwest Association of Rail Shippers

WASHINGTON — Surface Transportation Board Chairman Martin J. Oberman will retire as of May 10, he announced today (Friday, April 26). Oberman, a board member since January 2019 and chairman since January 21, 2021, had announced his plans to step down from the board last November, but had not set a date [see “STB chairman […]

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Norfolk Southern loses support of engineers’ union in proxy battle with activist investor (updated)

INDEPENDENCE, Ohio — The Brotherhood of Locomotive Engineers and Trainmen is now backing activist investor Ancora Holdings and its call for management change at Norfolk Southern. The union’s decision, announced today, is the second in as many days: The union representing maintenance of way workers yesterday swung its support to Ancora. The unions represent 41.5% […]

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MBTA extends contract of commuter operator Keolis by one year

Commuter train at station platform

BOSTON — The Massachusetts Bay Transportation Authority has extended the contract of Keolis Commuter Services, which operates the agency’s commuter trains, by one year to mid-2027, the CommonWealth Beacon reports. The agency said the extension allows time to develop a new contract arrangement for its future operator that would help provide private-sector funding to help […]

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New York MTA releases ‘Climate Resilience Roadmap’

Commuter train rounds sharp curve

NEW YORK — The Metropolitan Transportation Authority on Thursday released its Climate Resilience Roadmap, outlining steps the agency has identified to protect New York’s transit system from the effects of climate change. The 130-page report, unveiled in an event at Metro North Railroad’s Mott Haven Yard, outlines 10 goals to address the impacts of flooding, […]

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The Trains Interview: A Q&A with Union Pacific CEO Jim Vena

Trains News Wire spoke with Union Pacific CEO Jim Vena after the railroad’s first quarter earnings call this morning. [See Union Pacific profits improve despite drop in coal.] UP introduced a Service Performance Index that showed how well the railroad met customer commitments during the quarter. The Intermodal Service Performance Index was 95%, while the […]

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BNSF dispatchers join FRA’s Confidential Close Call Reporting System

FORT WORTH, Texas — BNSF Railway’s train dispatchers will participate in the Federal Railroad Administration’s Confidential Close Call Reporting System under an agreement announced today. BNSF becomes the second Class I railroad to participate in the Confidential Close Call Reporting System, or C3RS. Norfolk Southern joined the program in March. The American Train Dispatchers Association, […]

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Union Pacific profits improve despite drop in coal traffic

Two yellow diesel locomotives pulling a coal train. Progress Rail files antitrust suit against Wabtec

OMAHA Neb. — Union Pacific’s first-quarter profits rose despite flat revenue and lower freight volume. “We are pleased to be able to report earnings growth in a tough environment,” CEO Jim Vena told investors and analysts on the railroad’s earnings call this morning. Operating income rose 3%, to $2.3 billion, on flat revenue of $6 […]

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Activist investor wins backing of union representing Norfolk Southern maintenance of way employees (updated)

CLEVELAND – The union representing Norfolk Southern’s maintenance of way employees has thrown its support behind activist investor Ancora Holdings. The Brotherhood of Maintenance of Way Employes Division of the International Brotherhood of Teamsters said today that a change in leadership is necessary at NS. The union is backing Ancora’s full slate of director candidates […]

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