February 29, 2024 | Headlines, NS, PSR, STB
(Source: Progressive Railroading, February 26, 2024) Surface Transportation Board Chairman Martin Oberman is concerned about the potential of activist investors succeeding in their effort to replace Norfolk Southern Corp.’s top leadership in favor of a...
February 29, 2024 | BNSF, Furloughs, Headlines, PSR
(Source: Trains.com, February 28, 2024) BNSF Railway has cut jobs from mechanical shops in Kansas and Nebraska and has offered affected workers positions at facilities where it is hiring. The railroad did not say where jobs were cut or how many positions were...
February 23, 2024 | Headlines, PSR, STB
(Source: Progressive Railroading column by Surface Transportation Board member Robert Primus, February 23, 2024) Nearly 10 years ago, the largest freight railroads in the United States, commonly known as Class Is, began to cut costs aggressively. They claimed that the...
February 22, 2024 | FRA, Headlines, NS, PSR, Railroad Safety
(Source: Reuters, February 21, 2024) The head of the Federal Railroad Administration on Wednesday urged Norfolk Southern to focus on safety after a group of activist investors proposed replacing the company’s top management. Full story: Yahoo...
February 17, 2024 | East Palestine-NS, News, PSR, Railroad Safety
President Biden is scheduled to visit East Palestine to witness firsthand how the town is recovering from the devastation of last year’s derailment. This visit should help keep a spotlight on rail safety. (NTSB image) ____________________ President Joe Biden...
February 15, 2024 | Headlines, Long Trains, NS, PSR
(Source: CNBC, February 10, 2024) Ancora is a $9 billion wealth advisory firm that has been using activism more often and has developed into an activist to be respected and feared. With an approximate $1 billion position in Norfolk Southern, the firm likely has a...
February 9, 2024 | BNSF, Headlines, PSR, Railroad Safety
(Source: Television station KSTP, February 8, 2024) As a fifth-generation railroader, John Mozinski has a front-row seat at Burlington Northern Santa Fe (BNSF) – but he says that view is not what it used to be. “The railroad should be concerned. The public should be...
February 9, 2024 | East Palestine-NS, Headlines, PSR, Railroad Safety
(Source: National Public Radio, February 8, 2024) ProPublica Reporter Topher Sanders has spent the last two years with his colleagues reviewing court and regulatory records of thousands of incidents involving trains. They’ve conducted 200 interviews, including...
February 8, 2024 | BNSF, Headlines, Lawsuit, PSR, Railroad Safety
(Source: Television station KSTP, February 7, 2024) As the country focuses on rail safety following derailments here and around the country, Don Sanders’ recordings raise new questions about internal operations at the BNSF Railway Sanders spent nearly a decade with...
February 8, 2024 | Headlines, PSR, STB
(Source: Transport Topics, February 6, 2024) The agency is keeping in place a requirement that Class I railroads provide monthly data on hiring and retention plans, and also provide an additional update containing labor force targets. In addition, the railroads are...
