April 11, 2024 | 2-man Crews, FRA, Headlines, Railroad Safety
(Source: Virginia Public Media, April 10, 2024) Should freight trains — which can stretch up to 3 miles in length — have more than one crewmember? That was the gist behind a recent General Assembly bill that made it to Gov. Glenn Youngkin in early March. It was also...
April 11, 2024 | Headlines, NS, Quarterly Income
(Source: Freight Waves, April 11, 2024) Norfolk Southern heads toward its May 9 annual meeting and the resolution of its battle with activist shareholder Ancora over control of the company with a public campaign that may have taken a hit Tuesday, judging from a...
April 11, 2024 | East Palestine-NS, Headlines
(Source: Associated Press, April 10, 2024) The lawyers who negotiated a $600 million settlement with Norfolk Southern over that railroad’s disastrous 2023 derailment in Ohio want residents to talk with them before deciding the historic deal isn’t enough. Full story:...
April 11, 2024 | Commuter Rail, Headlines
(Source: NBC New York, April 10, 2024) NJ Transit’s board convened Wednesday to vote on what would be its first fare hike in nearly a decade, a 15% increase that would take effect on the heels of New York City’s controversial congestion pricing tolls, if...
April 11, 2024 | Commuter Rail, Headlines
(Source: Progressive Railroading, April 9, 2024) The Port Authority of New York and New Jersey (PANYNJ) has launched a $430 million program to upgrade stations, track and other critical equipment on the 116-year-old Port Authority Trans-Hudson Corp. (PATH) rail...
April 9, 2024 | East Palestine-NS, Headlines
(Source: CNN, April 9, 2024) Norfolk Southern has reached a $600 million settlement that, if approved by a court, will resolve all class-action lawsuits within 20 miles of its 2023 East Palestine, Ohio, derailment that spilled more than a million pounds of hazardous...
April 8, 2024 | 2-man Crews, DOT, Headlines
(Source: Forbes, April 4, 2024) Once the Department of Transportation (DOT) on Tuesday unveiled new rules requiring two-member crews on board most freight trains, three U.S. pilot unions raised the question: Can the same policy continue for aircraft? “Requiring two...
April 8, 2024 | Headlines, PSR, Shippers
(Source: Trains.com, April 5, 2024) Recent research on potential 2030 scenarios for North American Class I railroads shows that focusing on growth — backed by a cost-efficient and reliable operation — is the only strategy likely to lead to long-term value creation....
April 8, 2024 | Canada, Headlines, Ports, PSR, Shippers, Teamsters Canada
(Source: The Load Star, April 5, 2024) A surge of imports meeting strained rail capacity has pushed up container dwell times at North American west coast ports, especially in Vancouver. Full story: The Load Star
April 8, 2024 | Headlines, NS, PSR
(Source: Trains.com, April 5, 2024) Norfolk Southern has pruned its intermodal network and made the operating ratio a key component of its executive compensation plans, the railroad announced yesterday amid its proxy battle with activist investor Ancora Holdings. NS...
