March 18, 2024 | Headlines, NS, PSR, STB, UP
(Source: Progressive Railroading, March 15, 2024) The Surface Transportation Board yesterday announced that it denied Union Pacific Railroad’s request to keep certain required, temporary employment-data reporting confidential. Meanwhile, Ancora Holdings Group LLC...
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 | FRA, Furloughs, Headlines, STB, UP
Federal Railroad Administration Administrator Amit Bose yesterday told Union Pacific Railroad CEO Jim Vena that the company’s furloughs of maintenance of equipment (MoE) workers jeopardizes the safety of railroad workers and the public. “It has come to the...
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...
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 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 15, 2024 | Amtrak, CSX, Headlines, NS, STB
(Source: Trains.com, February 13, 2024) In the latest step in its ongoing investigation into on-time performance for Amtrak’s Sunset Limited, the Surface Transportation Board has asked the passenger operator and the train’s host railroads to answer a series of...
February 15, 2024 | BNSF, Headlines, STB, UP
(Source: Trains.com, February 9, 2024) For the second time in the past three months, federal regulators are being asked to settle a dispute related to Union Pacific’s 1996 acquisition of Southern Pacific. Full story: Trains.com
February 9, 2024 | News, NTSB, STB
The BLET is rallying rail labor support for the reappointment of Jennifer L. Homendy as Chair of the National Transportation Safety Board (NTSB) and the appointment of Robert E. Primus as Chairman of the Surface Transportation Board (STB). Primus has been a member of...
