Norfolk Southern CEO Jim Squires retired over the weekend, passing the baton to new NS President Alan Shaw effective May 1. Squires, who became chief executive in 2015, had an eventful tenure at the helm. Under Squires’ watch, NS fended off unwanted merger advances from Canadian Pacific, pared its Triple Crown RoadRailer service amid the […]
WEST PALM BEACH, Fla. — Brightline and the Florida Department of Transportation will seek a $25 million federal grant to help fund a $45 million project to address ongoing grade-crossing accidents along the passenger operator’s route in South Florida. The Palm Beach Post reports in a paywalled article that the project would make improvements at […]
OMAHA, Neb. — Railroad union members, who have been increasingly vocal about working conditions and the lack of a new contract, protested Saturday at the annual meeting of BNSF Railway parent Berkshire Hathaway, picketing and handing out leaflets outside the meeting site. The Brotherhood of Locomotive Engineers and Trainmen has also taken out ads in […]
Let’s set aside the railroad industry’s current bout of temporary service problems and discuss something more important. Class I railroads’ local service — which ranges from OK to downright embarrassing — for years has been where the rubber meets the road. Shippers divert rail shipments to trucks when a local regularly fails to show up, […]
CHARLESTON, W.Va. – Russia’s self-inflicted economic recession resulting from the Ukraine war will likely undo more than a decade’s worth of economic progress, as other countries end dealings with the Russians. For the U.S., this is an opportunity to increase exports, bolstering its relevance as a swing supplier. Coal and grains in particular are commodities […]
MONTREAL — New CEO Tracy Robinson likes what she sees at Canadian National. “As I sit here, 60 days in … I can tell you that I’m more excited about our prospects than when I first arrived,” Robinson told investors and analysts on the railway’s earnings call this week. “At CN, we have an incredible […]
WASHINGTON – Federal regulators have ordered Canadian Pacific to resubmit specific traffic density data that will be used as part of its Kansas City Southern merger application. The Surface Transportation Board’s decision, issued on Wednesday, keeps review of the first Class I railroad merger in two decades on hold. CP must submit new baseline traffic density […]
WASHINGTON — Utilities are worried that the slowdown in coal deliveries could threaten U.S. electricity supply and destabilize the power grid. Chemical producers say erratic rail service has forced them to curtail production of essentials like chlorine used to treat public drinking water systems and the plastics used in medical products. And one of the nation’s […]
KANSAS CITY — CEOs Keith Creel of Canadian Pacific, Katie Farmer of BNSF, and Jim Foote of CSX are among those scheduled to appear at the annual meeting of the North American Rail Shippers, set for May 9-11 in Kansas City. Others set to take part are Patrick Fuchs; Anthony B. Hatch of ABH Consultiong; […]
Railroads will not replace each coal hopper with a flat car of windmill blades, but America’s commitment to increasing its use of renewable energy is altering the relationship between railroads and energy. Whether through the transportation of raw materials, intermodal, or network capacity, renewables will affect railroads’ business because of how it is interwoven in […]
ARLINGTON, Va. — Rail unions have turned down a proposal for advance payments while bargaining over a new national contract continues, according to the organization representing railroads in the negotiations. The offer to provide advance payments of up to $600 per month will remain on the table, railroads said. The National Carriers’ Conference Committee, the […]
WASHINGTON — The Surface Transportation is proposing to amend its emergency service regulations to allow immediate relief for shippers in situations requiring such action, including clarifying that the board may act on its own initiative to require emergency service. “The rail service challenges shippers are currently experiencing are amplified by certain recent conditions but are […]
