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NS seeks regulatory approval for Cincinnati rail purchase

(Source: Trains Magazine, May 2, 2023) Norfolk Southern yesterday sought regulatory approval for its acquisition of the Cincinnati Southern Railway, the municipally owned railroad that forms the 338.2-mile Chattanooga-Cincinnati backbone of NS’s key corridor linking...

UP says it made “significant progress” on embargoes

(Source: Railway Age, April 28, 2023) Union Pacific (UP) on April 27 submitted a year-to-date progress report on embargoes, inventory management and system fluidity to the Surface Transportation Board (STB), which last year ordered the Class I to explain its...

Class I employment increase continued in March

(Source: Progressive Railroading, April 21, 2023) Class Is operating in the United States employed 120,668 people in March, a 0.38% increase over February’s employment level and a 4.88% increase year over year, according to Surface Transportation Board data. Five of...

STB rejects CN’s Springfield Line bid

(Source: Railway Age, March 24, 2023) CN’s request regarding conditional approval of the Canadian Pacific-Kansas City Southern merger on the sale of KCS’s Springfield Line to CN has been denied by the Surface Transportation Board (STB), which on March 23 provided...

Class I employment rose in February 2023

(Source: Progressive Railroading, March 22, 2023) Class Is operating in the United States employed 120,210 people in February, a 0.81% increase over January’s employment levels and a 5.19% increase year over year, according to Surface Transportation Board data....