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Daily Headlines

CSX’s Foote updates STB on railroad’s restructuring plan

(Source: Progressive Railroading, January 5, 2018) CSX has completed the first phase of its new operating plan, which has produced performance metrics that show a "remarkable rate of positive change," President and Chief Executive Officer James Foote said in a Jan. 3...

Rail gains steam in race to supply Mexico with U.S. fuel

(Source: Reuters, January 8, 2018) NEW YORK — A big winner from surging imports of energy products into Mexico from the United States is the rail industry, benefiting from weak pipeline systems beset by a lack of connectivity, limited capacity and rampant theft. Full...

Metra testing PTC, targets full installation by 2019

(Source: Chicago Tribune, January 5, 2018) CHICAGO — In its lab, Metra has recreated a microcosm of the entire PTC communications system, including trackside communications, back office systems, onboard computers, communications and software. It allows Metra to test...

New CSX CEO’s salary is below Hunter Harrison’s

(Source: Jacksonville Daily Record, January 8, 2018) JACKSONVILLE, Fla. — Obviously, CSX Corp. isn’t paying new CEO James Foote an $84 million bonus for joining the company, as it did for his predecessor. Full story: Jacksonville Daily Record

CSX hires operations chief to help railroad’s new CEO

(Source: Associated Press, January 8, 2018) OMAHA, Neb. — CSX has hired an operations executive to help its new CEO manage the railroad. The Jacksonville, Florida, based railroad said Monday that Edmond Harris will be its new executive vice president of operations....

CSX investigation initiated by former Louisiana attorney general

(Source: Kahn Swick & Foti, LLC press release, January 6, 2018) Former Attorney General of Louisiana, Charles C. Foti, Jr., Esq., a partner at the law firm of Kahn Swick & Foti, LLC (KSF), announces that KSF has commenced an investigation into CSX Corporation. On...

Class I workforce continued to shrink in November

(Source: Progressive Railroading, January 5, 2018) Class Is employed 145,952 workers in the United States as of mid-November, down 0.27 percent since mid-October's employment figure and down 3.66 percent compared with mid-November 2016's level, according to Surface...

Closing arguments to end today at Lac-Megantic criminal negligence trial

(Source: Canadian Press, January 9, 2018) SHERBROOKE, Quebec — Final arguments will end today at the jury trial of three men charged with criminal negligence in the Lac-Megantic rail disaster that killed 47 people. Tom Harding, Richard Labrie and Jean Demaitre have...

Scholarship program for sons and daughters of Teamsters

(Source: International Brotherhood of Teamsters press release, January 4, 2018) WASHINGTON, D.C. — Applications for 2018 are now being accepted by the James R. Hoffa Memorial Scholarship Fund. The application process must be completed through the on-line portal found...

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