April 30, 2020 | Commuter Rail, Headlines
(Source: New York Post, April 29, 2020) NEW YORK — The MTA must guarantee that essential workers commuting each morning are getting on subway trains disinfected of the coronavirus the night prior, Gov. Andrew Cuomo said Wednesday, continuing to rail against...
April 30, 2020 | Headlines, NS, Quarterly Income
(Source: Progressive Railroading, April 29, 2020) Norfolk Southern Corp. today reported first-quarter 2020 railway operating revenue fell 8 percent to $2.6 billion compared to first-quarter last year, driven by an 11 percent decline in total volume. Full story:...
April 30, 2020 | Headlines
(Source: GoErie.com, April 30, 2020) ERIE, Pa. — Wabtec Corp., which purchased GE Transportation in February 2019, is expected to lay off about 300 union workers. The planned cutback would bring the plant’s union workforce to about 1,200. Full story:...
April 30, 2020 | Headlines, Teamsters, War on Workers
(Source: International Brotherhood of Teamsters press release, April 28, 2020) WASHINGTON, D.C. — The International Brotherhood of Teamsters, whose pension and benefit funds invest in Tenet Healthcare Corp. (NYSE: THC), today urged other shareholders to reject the...
April 30, 2020 | Headlines, NS
(Source: Freight Waves, April 29, 2020) CHATTANOOGA, Tenn. — Norfolk Southern expects some of the cost cuts it made in response to the pandemic-induced rail volume decline to be permanent, its executives said during the eastern U.S. railroad’s first-quarter 2020...
