March 14, 2024 | BNSF, FRA, Furloughs, Headlines, PSR, UP
(Source: Progressive Farmer, March 11, 2024) Recent layoffs by Class 1 railroads Union Pacific (UP) and the Burlington Northern Santa Fe (BNSF) have not only raised alarms that safety may be compromised but shippers are complaining service has been poor. The Federal...
March 8, 2024 | BNSF, Furloughs, Headlines, PSR
(Source: Television station KOLN, March 6, 2024) More BNSF workers in Lincoln may have lost their jobs after another round of furloughs were announced. At least 10 conductors were set to be furloughed from their positions in Lincoln on Wednesday. Full story:...
March 5, 2024 | News, PSR, STB
As yet another hedge fund seeks a hostile takeover of a Class I railroad, Surface Transportation Board Member Robert Primus condemned the “scorched-earth” cuts associated with Precision Scheduled Railroading in a guest column published by Progressive Railroading. He...
March 4, 2024 | BNSF, Furloughs, Headlines, NS, PSR, Railroad Safety, STB
(Source: Associated Press, March 1, 2024) The latest rail layoffs this week, combined with an investment fund’s ongoing campaign for control of Norfolk Southern, are renewing concerns among unions and regulators about the effects all the cuts might have on safety and...
March 1, 2024 | BNSF, Furloughs, Headlines, PSR, TTD
(Source: Press release from the Transportation Trades Department, AFL-CIO, March 1, 2024) Shop Craft Unions at the BNSF Railway are urgently calling upon the FRA to initiate unannounced focus inspections on all locomotives and rail cars owned and leased by BNSF...
March 1, 2024 | Headlines, NS, PSR
(Source: Trains.com analysis by Bill Stephens, February 27, 2024) The proxy battle that activist investor Ancora Holdings is waging against Norfolk Southern isn’t just about the direction NS should take and who should run the company. It’s a fight for the future of...
March 1, 2024 | Headlines, NS, PSR, STB
(Source: Trains.com, February 29, 2024) The activist investors targeting Norfolk Southern pose a threat to the railroad industry and the U.S. economy and may prompt new regulations, outgoing Surface Transportation Board Chairman Martin J. Oberman told a shipper...
March 1, 2024 | Headlines, NS, PSR
(Source: Trains.com, February 29, 2024) Norfolk Southern CEO Alan Shaw, who has been a punching bag for the activist investors who are trying to oust him, defended the railroad’s growth strategy at a shipper conference today. Full story: Trains.com
February 29, 2024 | East Palestine-NS, News, NS, PSR
The BLET General Chairmen who represent members at Norfolk Southern (NS) have taken the side of current railroad leadership as hedge fund Ancora Holdings attempts to take over the company and double-down on Precision Scheduled Railroading. Earlier this month,...
February 29, 2024 | Headlines, NS, PSR
(Source: Associated Press, February 27, 2024) The BLET’s three General Chairmen who represent members at Norfolk Southern have issued a statement supporting the current management team at NS in the railroad’s looming proxy battle with activist investor Ancora...
