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CSX management turnover gives analysts reason for concern

(Source: Trains, March 12, 2019) JACKSONVILLE, Fla. — One of the things CSX Transportation aimed to accomplish at its investor day a year ago was to showcase its next generation of leadership and calm investor concerns after the death of CEO E. Hunter Harrison. Full...

Watch CNBC’s full interview with CSX CEO Jim Foote

(Source: CNBC, March 6, 2019) NEW YORK — CNBC’s “Closing Bell” team is joined by CSX CEO Jim Foote at the J.P. Morgan Aviation, Transportation, and Industrials Conference in New York City to talk about his outlook for the railroad industry. Full...

Canadian rail rules derailed by American red tape

(Source: Winnipeg Free Press, February 8, 2019) OTTAWA — Transport Canada had no clue what items American freight trains were carrying into Winnipeg, Vancouver and Montreal for months last year, the Free Press has learned. An October 2018 memo marked...

Fatal crash in Cayce, S.C., was 1 year ago this week

(Source: The State, February 1, 2019) COLUMBIA, S.C. — A year ago this week, an Amtrak passenger train slammed into a stopped engine in Cayce, leaving a set of derailed passenger cars bent into a V shape, a smashed Amtrak conductor’s car laying on its side, and a...