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Rail Industry News

Norfolk Southern announces private exchange offer

(Norfolk Southern issued the following on September 17, 2010.) NORFOLK, Va. — Norfolk Southern Corporation announced today the commencement of an offer to exchange (the "Exchange Offer") any and all outstanding 7.90% Notes due 2097 (the “Existing Notes”) for 5.30%...

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Shipper group says rail study could affect Obama plan

(The following story by John D. Boyd appeared on The Journal of Commerce website on September 16, 2010.) WASHINGTON, D.C. — Activist rail shippers who want Congress to toughen freight rail oversight say a new Senate committee study of rail finances should make...

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Rockefeller vows rail reform through law or regulation

(The following story by John D. Boyd appeared on The Journal of Commerce website on September 15, 2010.) WASHINGTON, D.C. — A national rail plan envisioned by the Obama administration must be preceded by shipper-supportive changes in rail competition rules either...

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NJ Transit chief knows of riders’ frustrations

(The following story by Larry Higgs appeared on the APP website on September 16, 2010.) NEWARK, N.J. — The 464 people who listened to NJ Transit’s live chat Wednesday afternoon learned that even Executive Director James Weinstein gets delayed on the train, just like...

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Megabus strikes SEPTA work truck

(The following story by Creighton Rabs appeared on the Philadelphia Metro Transportation Examiner website on September 16, 2010.) Philadelphia, P.A. — On the heels of a fatal accident in Upstate New York this past weekend, a double-decker coach owned by Coach USA...

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CN aims to improve efficiency with suppliers

(The following story by Robert Gibbens appeared on the Montreal Gazette website on September 15, 2010.) MONTREAL - Claude Mongeau, CEO of Canadian National Railway Co., urged supply chain partners Wednesday to work more closely together and with the company to deliver...

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