October 26, 2023 | CN, Headlines, Quarterly Income
(Source: Freight Waves, October 24, 2023) The Class I railroads are striving to collaborate more proactively and create a product that can be competitive against the truck markets, CN executives said during the Canadian railway’s earnings call Tuesday to discuss...
October 26, 2023 | CPKC, CSX, Headlines, NS, STB
(Source: Trains.com, October 26, 2023) Norfolk Southern has asked federal regulators to suspend review of the Canadian Pacific Kansas City and CSX Transportation proposal to create a new through route linking the Southeast and Mexico via Myrtlewood, Ala. Full story:...
October 26, 2023 | Headlines, Railroad Security
(Source: Progressive Railroading, October 24, 2023) The Transportation Security Administration (TSA) yesterday announced updates to three security directives regulating passenger and freight railroads to protect critical rail operations and facilities. Full story:...
October 25, 2023 | Commuter Rail, Contract Negotiations, Headlines
(Source: Philadelphia Inquirer, October 23, 2023) Locomotive engineers and conductors are holding strike votes after months of mediated talks with SEPTA have failed to produce progress toward agreements. The engineers and conductors have not received raises in about...
October 25, 2023 | Commuter Rail, Contract Negotiations, Headlines
(Source: NBC Philadelphia, October 24, 2024 The Brotherhood of Locomotive Engineers and Trainmen, a union that represents about 160 train engineers at SEPTA, also authorized a strike vote. The union claims pay for SEPTA’s engineers and conductors “is about...
October 25, 2023 | Headlines, Railroad Retirement
(Source: Railroad Retirement Board press release, October 18, 2023) CHICAGO — Most railroad retirement annuities, like social security benefits, will increase in January 2024 due to a rise in the Consumer Price Index (CPI) from the third quarter of 2022 to the...
October 25, 2023 | Headlines, Railroad Retirement
(Source: Railroad Retirement Board press release, October 18, 2023) CHICAGO — Railroad retirement annuitants subject to earnings restrictions can earn more in 2024 without having their benefits reduced due to increased limits indexed to average national wage...
October 25, 2023 | East Palestine-NS, EPA, Headlines, NS
(Source: Reuters, October 18, 2023) The U.S. Environmental Protection Agency (EPA) on Wednesday ordered Norfolk Southern Corp to carry out additional cleanup in East Palestine, Ohio, following the Feb. 3 derailment of a company-operated freight train. Full story:...
October 25, 2023 | Fatality, Headlines, NS, NTSB
(Source: Associated Press, October 18, 2023) Several days before a Norfolk Southern conductor trainee was killed by a metal beam protruding from a parked railcar on the next track, workers at a U.S. Pipe facility noticed the beam was hanging off the top of the car but...
October 25, 2023 | Headlines, Quarterly Income, UP
(Source: Reuters, October 19, 2023) Union Pacific reported a 19% fall in quarterly profit on October 19, as higher labor costs and lower volumes outweighed the benefits from price hikes implemented by the railroad operator. The company’s operating ratio, a key...
