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Rail Industry News

FRA declines SMART TD request to limit long trains

(Source: SMART TD press release, March 19, 2018) WASHINGTON, D.C. — The Trump administration’s Federal Railroad Administration (FRA) has declined a request made by SMART Transportation Division to address the safety concerns of excessively long trains. In an April 25,...

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STB singles out CSX in report on service

(Source: Jacksonville Business Journal, March 20, 2018) JACKSONVILLE, Fla. — A federal regulator is requesting action by all Class I railroads to address industry-wide service complaints, but it singled out CSX Corp. for "marked improvement" in service. Full story:...

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NS response to TRC Capital’s ‘mini-tender’ offer

(Source: Norfolk Southern press release, March 16, 2018) NORFOLK, Va. — Norfolk Southern has been notified that TRC Capital Corporation (TRC) made an unsolicited “mini-tender” offer, dated Feb. 23, 2018, to purchase up to 1 million shares of Norfolk Southern stock at...

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