March 20, 2024 | Headlines, NS, PSR
(Source: Trains.com, March 19, 2024) Amid a proxy fight with an activist investor, Norfolk Southern on Wednesday will name Canadian Pacific Kansas City executive John Orr as its chief operating officer, Trains News Wire has learned. Orr brings a Precision Scheduled...
March 19, 2024 | Headlines, NTSB
(Source: Progressive Railroading, March 18, 2024) President Joe Biden recently announced his intention to nominate Jennifer Homendy as the continuing chair of the National Transportation Safety Board (NTSB). On Aug. 13, 2021, Homendy became the board’s 15th...
March 18, 2024 | CPKC, Headlines, Paid Sick Leave, Unions
(Source: Television station KCTV, March 16, 2024) On March 15, the KC Current kicked off its season in the brand new CPKC Stadium, while fans made their way to the stadium, protesters lined the streets as well. The American Train Dispatchers Association (ATDA) staged...
March 18, 2024 | Headlines, NS, PSR, STB, UP
(Source: Progressive Railroading, March 15, 2024) The Surface Transportation Board yesterday announced that it denied Union Pacific Railroad’s request to keep certain required, temporary employment-data reporting confidential. Meanwhile, Ancora Holdings Group LLC...
March 18, 2024 | BNSF, Headlines, Railroad Safety
(Source: Reuters, March 15, 2024) Berkshire Hathaway said Warren Buffett raised the pay of his designated successor Greg Abel to $20 million last year, as the conglomerate posted a record operating profit. The company also urged the rejection of six shareholder...
March 18, 2024 | CPKC, Headlines, Long Trains
(Source: Daily Herald, March 17, 2024) One year into a hotly contested railroad merger, suburban leaders report lengthy and more frequent freight trains, and they’re preparing for a future deluge. Full story: Daily Herald
March 16, 2024 | Headlines, NS, PSR
(Source: Trains.com analysis by Bill Stephens, March 14, 2024) Ancora Holdings, the activist investor leading a proxy fight against Norfolk Southern, says it’s taking the high road and conducting a fact-based campaign to oust the railroad’s management. The reality is...
March 16, 2024 | East Palestine-NS, Headlines
(Source: The Hill, March 14, 2024) A class action suit accusing Norfolk Southern of negligence over the train derailment that released toxic chemicals in East Palestine, Ohio, last year can go forward, a federal judge determined Wednesday. Full story: The...
March 16, 2024 | AAR Freight Trends, Headlines
(Source: Association of American Railroads press release, March 13, 2024) The Association of American Railroads (AAR) today reported U.S. rail traffic for the week ending March 9, 2024. For this week, total U.S. weekly rail traffic was 472,662 carloads and intermodal...
March 16, 2024 | FRA, Headlines, PSR, UP
(Source: Freight Waves, March 13, 2024) Jim Vena’s opening remarks Wednesday at the J.P. Morgan 2024 Industrials Conference could easily be seen as a rebuttal to one man: Amit Bose, the chairman of the Federal Railroad Administration. Full story: Freight...
