May 16, 2022 | Amtrak, CSX, Headlines, NS, STB
(Source: Railway Age, May 13, 2022) NEW YORK — The witness phase of the slugout between Amtrak on one side and CSX, Norfolk Southern (NS) and the Port of Mobile on the other, ended May 12 as its 11th day concluded. It ended not with T.S. Eliot’s oft-quoted “whimper”...
May 12, 2022 | Amtrak, CSX, Headlines, NS, STB
(Source: Trains Magazine analysis by Bob Johnston, May 11, 2022) WASHINGTON, D.C. — Cross-examination of Jim Blair, Amtrak’s senior director of host railroads, consumed the full 8-hour, 28-minute session Monday as the Surface Transportation Board’s hearing on the...
May 11, 2022 | CSX, Headlines
(Source: Trains Magazine, May 10, 2022) KANSAS CITY, Mo. — The rail union employees picketing outside the site of the National Rail Shippers Conference, unhappy over their lack of a new national contract, might have been surprised by the message delivered inside by...
May 10, 2022 | BNSF, CSX, Headlines, NS, PSR, STB, UP
(Source: Railway Age, May 6, 2022) NEW YORK — On May 5—a little more than a week after its April 26-27 “Urgent Issues in Freight Rail Service” hearing—the Surface Transportation Board, voting unanimously, has issued updated, more-comprehensive rules for reporting...
May 10, 2022 | Amtrak, CSX, Headlines, NS, STB
(Source: Grist, May 5, 2022) Ever since Hurricane Katrina swept across the Deep South in 2005, shredding the region’s railways, it’s been impossible to take a train heading east from New Orleans to the rest of the Gulf Coast. For years, Amtrak has been trying to...
May 5, 2022 | CSX, Headlines, PSR, STB
(Source: Railway Age, May 4, 2022) NEW YORK — Whatever was CSX CEO James M. Foote thinking when he testified before the STB’s “Urgent Issues in Freight Rail Service” hearing April 26? His display of disdain for the agency — in particular, White House-nominated and...
April 27, 2022 | BNSF, CSX, News, NS, PSR, UP
INDEPENDENCE, Ohio, April 27 — In San Diego today, members of the BLET’s California State Legislative Board, National President Dennis Pierce, and numerous other special guests rallied by a mobile billboard that is part of the union’s outreach campaign demanding that...
April 22, 2022 | CSX, Headlines, Quarterly Income
(Source: Railway Age, April 20, 2022) NEW YORK — CSX’s first-quarter 2022 financials included whopping increases of 21% in net earnings and 26% in diluted earnings per share, despite a drop in volume. CSX’s 1Q22 net earnings of $859 million, or $0.39 per share,...
April 22, 2022 | CSX, Headlines, Quarterly Income
(Source: CSX press release, April 20, 2022) JACKSONVILLE, Fla. — CSX Corp. today announced first quarter 2022 net earnings of $859 million, or $0.39 per share, compared to $706 million, or $0.31 per share in the same period last year. First quarter 2022 operating...
April 22, 2022 | BNSF, CSX, Headlines, NS, STB, UP
(Source: Trains Magazine analysis by Bill Stephens, April 22, 2022) WASHINGTON, D.C. — Executives from the big four U.S. railroads — BNSF Railway, CSX Transportation, Norfolk Southern, and Union Pacific — will take turns in the hot seat next week during two days of...
