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Tag: Railroader

CSX reaches sick time agreements with four more unions

By | February 1, 2024
CSX logo

JACKSONVILLE, Fla. — CSX Transportation today (Thursday, Feb. 1) announced it had reached agreement with four additional unions to provide paid sick leave to employees, extending that coverage to an additional 600 workers. Unions involved are SMART-TD conductors/trainmen (C&O); SMART-TD yardmasters; the International Brotherhood of Boilermakers, and Carrolton Road-Transportation Communications Union-represented engineers, yardmen, and maintenance […]

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Activist investor’s plans to oust Norfolk Southern’s CEO alarm Surface Transportation Board chairman

By | February 1, 2024
Man gesturing while talking

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, […]

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Buttigieg and labor leaders urge Congress to pass railroad safety legislation

By | February 1, 2024

WASHINGTON – Transportation Secretary Pete Buttigieg and the leaders of all 13 railroad labor unions today urged Congress to tighten rail safety regulations as the one-year anniversary of the disastrous derailment in East Palestine, Ohio, approaches. The Railway Safety Act, introduced in the Senate last spring in the aftermath of the Norfolk Southern hazardous materials […]

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CPKC joins RailPulse telematics coalition

By | February 1, 2024
CPKC logo

CALGARY, Alberta – Canadian Pacific Kansas City has become the third Class I railroad to join the RailPulse freight car telematics joint venture. “We are pleased to be a part of RailPulse and to contribute to accelerating adoption of railcar telemetry in North America,” CPKC Chief Marketing Officer John Brooks said in a statement today. […]

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Two-person crew bill advances in Nebraska

By | February 1, 2024

LINCOLN, Neb. — Nebraska legislation that would require two-person train crews advanced in the state’s legislature on Wednesday, with an amended version passing in the Transportation and Telecommunications Committee by a 35-8 vote. LB 31 was introduced last year by state Sen. Mike Jacobson (R-North Platte, Neb.) and establishes penalties of up to $10,000 for […]

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U.S. weekly rail traffic tops 2023 level, barely

By | February 1, 2024
Weekly table showing U.S. carload traffic by commodity type, plus overall intermodal volume

WASHINGTON — After two weeks in negative territory, U.S. weekly rail traffic barely edged into positive ground for the week ending Jan. 27, 2024. Figures from the Association of American Railroads show overall traffic of 467,222 carloads and intermodal units, up 0.7% compared with the same week a year ago. That included 208,131 carloads, down […]

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Report: Activist investor group aims to oust Norfolk Southern CEO Alan Shaw

By | January 31, 2024

An activist investor group has taken a $1 billion stake in Norfolk Southern and aims to wrest control of the company’s board and oust CEO Alan Shaw, according to a report in The Wall Street Journal this evening. The investor group, led by Cleveland-based Ancora Holdings, has nominated a slate of directors that includes former […]

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Merger application details CN’s plans for Iowa Northern Railway

By | January 31, 2024
Freight train with seven red, gray, and yellow locomotives

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 […]

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STB extends reporting of railroad employment data for BNSF, CSX, NS, and UP

By | January 31, 2024
Mean standing near railroad tracks as train approaches

WASHINGTON – The Surface Transportation Board today issued a decision that extends the temporary reporting of employment data through the end of the year and that requires certain updated information from BNSF Railway, CSX, Norfolk Southern, and Union Pacific. The board originally required the big four U.S. Class I railroads to submit employment information beginning […]

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CPKC announces schedule for 2816’s ‘Final Spike Anniversary Steam Tour’

By | January 31, 2024
CP_2816

CALGARY, Alberta — Canadian Pacific Kansas City will launch the “Final Spike Anniversary Steam Tour,” featuring 4-6-4 No. 2816 on a Canada-to-Mexico trip to celebrate last year’s Canadian Pacific-Kansas City Southern merger, on April 24 at its headquarters in Calgary. A total of 11 stops are planned for the tour, concluding June 4 in Mexico […]

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CPKC reports higher volume, revenue, and profits for fourth quarter

By | January 30, 2024

CALGARY, Alberta – Canadian Pacific Kansas City bucked the industry trend by posting fourth-quarter gains in volume, operating income, and revenue. “I am proud of how our team of incredible railroaders finished this transformational year with a strong fourth quarter, allowing CPKC to deliver volume growth and best-in-class earnings growth in 2023,” CEO Keith Creel […]

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Canal disruptions could help railroads gain international intermodal traffic

By | January 30, 2024

Will the persistent low water levels in the Panama Canal and ongoing attacks on ships bound to and from the Suez Canal wind up diverting international container traffic to West Coast ports? Railroad executives think so, although most say a shift in international intermodal volume has yet to materialize. The drought in Panama has prompted […]

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