May 9, 2024 | Headlines, Mexico, UP
(Source: Trains.com, May 8, 2024) Freight train operations across the U.S.-Mexican border should be as seamless as they are across the U.S.-Canadian border, Union Pacific CEO Jim Vena told a shipper group last week. At gateways to and from Mexico, in most cases,...
May 9, 2024 | Headlines, NS, PSR
(Source: Associated Press, May 9, 2024) Norfolk Southern shareholders will decide Thursday morning (May 9) whether to back an activist investor’s bid to take over the railroad’s board and replace management. Ancora Holdings picked up significant support during the...
May 3, 2024 | BNSF, FRA, Headlines, Railroad Safety, Unions
(Source: Federal Railroad Administration press release, April 25, 2024) In a win for rail safety and rail workers, the Federal Railroad Administration (FRA) today announced that the American Train Dispatchers Association (ATDA) and BNSF Railway (BNSF) will partner...
May 3, 2024 | Headlines, PSR, STB
(Source: Surface Transportation Board press release, April 26, 2024) Surface Transportation Board Chairman Martin J. Oberman announced today that he will retire from the Board on May 10, 2024. He informed President Joseph R. Biden, Jr. of his plans by letter earlier...
May 3, 2024 | Amtrak, FRA, Headlines
(Source: White House press release, May 2, 2024) Today, President Joe Biden announced his intent to nominate the following individuals to serve as key leaders in his administration: Elaine Marie Clegg, Nominee to be a Member of the AMTRAK Board of Directors Ronald L....
May 3, 2024 | Fatality, Headlines, NTSB, UP
(Source: Trains.com, May 3, 2024) A Union Pacific track maintenance manager was killed when he was struck by an excavator operated by a contract worker, according to the National Transportation Safety Board’s preliminary report on a fatal April 11 incident near...
May 2, 2024 | FRA, Headlines, Railroad Safety, UP
(Source: Associated Press, May 1, 2024) Union Pacific managers undermined the U.S. government’s efforts to assess safety at the railroad in the wake of several high-profile derailments across the industry by coaching employees on how to respond and suggesting they...
May 2, 2024 | CN, CPKC, Headlines, Teamsters Canada
(Source: Teamsters Canada press release, May 1, 2024) The Teamsters Canada Rail Conference (TCRC) today announced that close to 10,000 workers at CN and CPKC have voted to authorize strikes at both companies. Unless parties can reach an agreement, a work stoppage can...
April 25, 2024 | Headlines, Quarterly Income, UP
(Source: Associated Press, April 25, 2024) Union Pacific said it made $1.64 billion, or $2.69 per share, in the first quarter of 2024. That’s higher than last year’s $1.63 billion, or $.2.67 per share. Shipping volume was down 1% in the quarter. Union Pacific said it...
April 25, 2024 | Headlines, NS, Quarterly Income
(Source: Associated Press, April 22, 2024) Norfolk Southern confirmed the $53 million, or 23 cents per share, that it earned in the first quarter. Without the settlement and some other one-time costs, the railroad said it would have made $2.39 per share while Wall...
