March 3, 2023 | AAR Freight Trends, Headlines, PSR
(Source: Railway Age, March 1, 2023) U.S rail traffic in February 2023 lagged the same month last year—down 5.2% or 101,452 carloads and intermodal units, the Association of American Railroads (AAR) reported March 1. This follows January’s 3.2% drop from the...
March 3, 2023 | BNSF, Headlines, PSR
(Source: WyoFile, March 2, 2023) The House Minerals, Business and Economic Development Committee held a rare executive session Feb. 24 with BNSF Railway officials to discuss railroad challenges, including its plans to improve coal shipments out of the Powder River...
March 1, 2023 | Headlines, PSR, UP
(Source: CNN, February 27, 2023) Union Pacific shares jumped 10% in premarket trading Monday after the railroad company announced CEO Lance Fritz, 60, will leave the company by year-end, following a call by an activist hedge fund for his ouster. Union Pacific just...
March 1, 2023 | East Palestine-NS, Headlines, NS, PSR
(Source: USA Today, February 27, 2023) The train derailment in East Palestine, Ohio, has left the small community devastated, and questions about the environmental and public health consequences remain unanswered. It also spurred calls for action to hold the freight...
February 16, 2023 | Headlines, PSR, Shippers, STB, UP
(Source: Railway Age, February 15, 2023) The Surface Transportation Board (STB) on Feb. 14 denied “as moot” the petition for an emergency service order by Foster Poultry Farms (Foster Farms), which in late 2022 said there had been a “substantial, measurable...
February 15, 2023 | Derailment, East Palestine-NS, EPA, Headlines, NS, PSR
(Source: The Nation, February 15, 2023) As public outrage has grown over the toxic fallout from last week’s fiery derailment of a Norfolk Southern freight train in East Palestine, Ohio, the urgent questions behind this disaster echo the past year’s confrontations over...
February 15, 2023 | Derailment, East Palestine-NS, EPA, Headlines, NS, PSR
(Source: The American Prospect, February 14, 2023) In the village of East Palestine, on a late Friday evening, a Norfolk Southern freight train derailed on the Ohio side of the Pennsylvania border, causing tanker cars to rupture and catch fire, releasing thousands of...
February 15, 2023 | Derailment, East Palestine-NS, Headlines, NS, PSR, Quarterly Income
(Source: Freight Waves, February 14, 2023) Two Wall Street analysts said Norfolk Southern won’t see a major hit to its bottom line following a major derailment in East Palestine, Ohio, a village roughly 50 miles from Pittsburgh. Bank of America’s Ken Hoexter wrote...
February 15, 2023 | Derailment, East Palestine-NS, EPA, Headlines, NS, NTSB, PSR
(Source: The Hill, February 14, 2023) Questions have swirled in recent days around the root causes of the accident and whether residents should be concerned about a continued threat to land and water. The accident has also raised scrutiny over safety regulations. Full...
February 14, 2023 | Headlines, National Negotiations 2019, Paid Sick Leave, PSR
(Source: In These Times, February 10, 2023) Four railroad workers discuss Congress’s handling of the rail contract dispute, and how All Street’s destruction of the freight rail system is only going to get worse for workers, shippers, and all of us. Full story: In...
