FRA Certification Helpline: (216) 694-0240

Oberman to chair STB

(Source: Railway Age, January 22, 2021) NEW YORK — Martin J. Oberman was designated Chairman of the Surface Transportation Board (STB) on Jan. 21 by President Joe Biden. He was sworn in as an STB member on Jan. 22, 2019, and has held the Vice Chairman position since...

CSX reports Q4 2020 financial results

(Source: CSX press release, January 21, 2021) JACKSONVILLE, Fla. — CSX Corp. today announced fourth quarter 2020 net earnings of $760 million, or $0.99 per share. These results include a charge of $48 million, or $0.05 per share after-tax, related to the early...

Coordinated Bargaining Coalition Update

January 22, 2021 — The Rail Unions comprising the Coordinated Bargaining Coalition (CBC), negotiating together in the current round of National Negotiations, have issued the following statement: “The CBC and the nation’s Rail Carriers first met concerning the November...

KCS to help develop Texas logistics park

(Source: Kansas City Southern press release, January 20, 2021) KANSAS CITY, Mo. — Kansas City Southern (KCS) announced today that it has entered into a joint agreement with NorthPoint Development to develop the master planned Wylie Logistics Park in Wylie, Texas,...