March 2, 2023 | CP-KCS Merger, Headlines, STB
(Source: Railfan & Railroad Magazine, March 1, 2023) The U.S. Surface Transportation Board is expected to rule on the largest railroad merger in a generation in the coming days and weeks. Exactly when, though, is unknown. Full story: Railfan & Railroad...
March 2, 2023 | Derailment, East Palestine-NS, Headlines, NS
(Source: Associated Press, March 2, 2023) Proposed safety measures in response to the East Palestine train derailment are part of a $12.6 billion state transportation budget passed Wednesday by the Ohio House with bipartisan support. Full story: Associated...
March 1, 2023 | Headlines, PSR, UP
(Source: CNN, February 27, 2023) Union Pacific shares jumped 10% in premarket trading Monday after the railroad company announced CEO Lance Fritz, 60, will leave the company by year-end, following a call by an activist hedge fund for his ouster. Union Pacific just...
March 1, 2023 | DOL, Headlines
(Source: Politico, March 1, 2023) President Joe Biden announced on Tuesday that he would nominate Julie Su to be his next Labor secretary, moving swiftly to fill a coming vacancy within his cabinet. Full story: Politico
March 1, 2023 | BNSF, Headlines, Quarterly Income
(Source: Railway Age, February 27, 2023) BNSF posted net earnings of $5.946 billion in 2022, virtually flat with 2021’s $5.990 billion, reflecting “higher revenue per car/unit, substantially offset by lower overall freight volumes and higher fuel and other operating...
March 1, 2023 | 2-man Crews, DOT, East Palestine-NS, FRA, Headlines, NS
(Source: U.S. Department of Transportation press release, February 21, 2023) Among the immediate calls for action: Freight rail industry should accelerate phase-in of safer tank cars and provide workers paid sick leave, and Congress can raise existing caps on the...
March 1, 2023 | East Palestine-NS, Headlines, NS, PSR
(Source: USA Today, February 27, 2023) The train derailment in East Palestine, Ohio, has left the small community devastated, and questions about the environmental and public health consequences remain unanswered. It also spurred calls for action to hold the freight...
March 1, 2023 | East Palestine-NS, FRA, Headlines
(Source: Trains Magazine, February 28, 2023) The Federal Railroad Administration today encouraged railroads to improve the way they collect and use data from wayside hotbox detectors in order to prevent catastrophic derailments like the Feb. 3 Norfolk Southern...
March 1, 2023 | 2-man Crews, East Palestine-NS, FRA, Headlines
(Source: New York Focus, February 28, 2023) In the wake of the recent train derailment and toxic chemical release in East Palestine, Ohio, Governor Kathy Hochul called on the federal government to enact stricter regulations on hazmat trains and said that safety is her...
March 1, 2023 | East Palestine-NS, EPA, Headlines, NS
(Source: The Hill, February 28, 2023) Ohio residents who filed a lawsuit against Norfolk Southern over the derailment of a train carrying hazardous materials through East Palestine urged a judge on Monday to block the company from destroying evidence related to the...
