November 15, 2024 | Headlines, NS
(Source: Associated Press, November 14, 2024) Norfolk Southern announced an agreement Thursday with Ancora Holdings to keep the investor from launching a repeat of this year’s campaign to take control of the railroad. Under the deal, Norfolk Southern will add another...
November 15, 2024 | Amtrak, DOT, FRA, Headlines
(Source: U.S. Department of Transportation press release, November 15, 2024) The U.S. Department of Transportation’s Federal Railroad Administration (FRA) today continued its historic investment in passenger rail with nearly $1.5 billion for 19 projects along the...
November 15, 2024 | Contract Negotiations, Headlines, National Negotiations 2024
(Source: Associated Press, November 13, 2024) The flurry of contract agreements announced early this fall — including two more Wednesday — offer evidence that major railroads and their unions are working to avoid the standoffs that led them to a brink of a national...
November 7, 2024 | Headlines, Railroad Security
(Source: Trains.com, November 7, 2024) The Transportation Security Administration has proposed a rule that would require cybersecurity risk management and reporting requirements for some freight and passenger railroads, as well as rail transportation. The Notice of...
November 7, 2024 | Headlines, NS, PSR
Norfolk Southern rule that rail cars be inspected in less than a minute sparks safety concerns (Source: Associated Press, November 6, 2024) Norfolk Southern sparked renewed concerns about flaws being missed during railcar inspections when it told employees this week...
November 5, 2024 | BNSF, Headlines, Quarterly Income
(Source: Trains.com, November 4, 2024) BNSF Railway’s profits, revenue, and volume all increased for the third quarter, thanks to surging intermodal and agricultural shipments. BNSF’s parent, Berkshire Hathaway, reported on Saturday that the railroad’s quarterly...
October 31, 2024 | FRA, Headlines
(Source: Trains.com, October 25, 2024) The Federal Railroad Administration this week proposed its first regulations on automated track inspection — but has left untouched the regulations that cover traditional visual track inspections. Fearing job losses and an...
October 31, 2024 | FRA, Headlines, Technology
(Source: Trains.com, October 28, 2024) The Federal Railroad Administration today proposed more stringent requirements that railroads must meet in order to obtain safety rule waivers that allow experimentation with track and equipment inspection technology. The...
October 31, 2024 | DOT, FRA, Headlines
(Source: Federal Railroad Administration press release, October 29, 2024) The U.S. Department of Transportation’s (USDOT) Federal Railroad Administration (FRA) today announced more than $2.4 billion in Bipartisan Infrastructure Law funding for 122 rail improvement...
October 24, 2024 | CN, Headlines, Quarterly Income
(Source: CN press release, October 22, 2024) CN today reported its financial and operating results for the third quarter ended September 30, 2024. Quarterly highlights: Revenue ton miles (RTMs) of 56,548 (millions), an increase of 2%. Revenues of C$4,110 million, an...
