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Nov - 2024 -
18 November
Trains.com Staff

Railroads have turned the corner on service and resiliency, analysts say

The U.S. Class I railroads have turned the corner on service and resiliency and are poised for volume growth for the first time in years.

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14 November
Trains.com Staff

Regulators scold Union Pacific for lack of cooperation

The Surface Transportation Board has taken Union Pacific to task for an ongoing lack of cooperation in a new decision on the railroad’s effort to construct a 6-mile rail line in Arizona’s Maricopa and Pinal counties.

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Trains.com Staff

Norfolk Southern to add new board member as part of deal with Ancora Holdings

Norfolk Southern will add a new member to its board of directors — the 14th overall and 13th independent director — under a “cooperation agreement” with shareholder Ancora Holdings, NS announced Thursday.

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Trains.com Staff

US weekly rail traffic up again, thanks to intermodal

U.S. rail traffic continued its pattern for most of 2024 in the week ending Nov. 9, with strong intermodal growth leading to an overall gain compared to 2023.

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12 November
Trains.com Staff

ASLRRA head calls federal grant program ‘godsend’ to short lines

Smaller railroads have received $2.6 billion for more than 220 projects since the inception of the Federal Railroad Administration’s Consolidated Rail Infrastructure and Safety Improvement grant program.

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08 November
Trains.com Staff

Railroads ask federal courts to order FRA to take action on waylaid safety waivers

BNSF Railway, CSX, and Union Pacific filed lawsuits against the Federal Railroad Administration today for its failure to act on a half dozen safety waiver requests that in some cases would allow railroads to scale back visual inspections in areas where they have deployed new high-tech train and track inspection systems.

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07 November
Trains.com Staff

TSA proposes new cybersecurity rule for some railroads, other transit systems

The Transportation Security Administration has proposed a rule that would require cybersecurity risk management and reporting requirements for some freight and passenger railroads, as well as rail transportation.

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Trains.com Staff

US weekly rail volume jumps

Propelled by a big jump in intermodal traffic, weekly U.S. rail traffic had its biggest gain in seven weeks over the period ending Nov. 2.

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04 November
Trains.com Staff

FRA slows Class I railroad implementation of improved track and train inspections

In the wake of the disastrous hazardous materials derailment last year in East Palestine, Ohio, the Federal Railroad Administration has repeatedly said it’s doing everything it can to improve rail safety.

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Trains.com Staff

BNSF reports higher profits as volume grows and costs fall

BNSF Railway’s profits, revenue and volume all increased for the third quarter, thanks to surging intermodal and agricultural shipments.

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01 November
Trains.com Staff

Work stoppage to hit British Columbia ports

A dispute over terminal automation will halt freight moving through the ports of Vancouver and Prince Rupert, British Columbia, and disrupt U.S.-bound intermodal rail shipments.

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Oct - 2024 -
30 October
Trains.com Staff

CSX launches double-stack service at Port of Baltimore

CSX launched double-stack service to and from the Helen Delich Bentley Port of Baltimore on Monday thanks to clearance projects that have been completed north of the Howard Street Tunnel.

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29 October
Trains.com Staff

Federal Railroad Administration awards $2.4B in grants to 122 projects

A total of 122 projects in 41 states and the District of Columbia have been named recipients in the Federal Railroad Administration’s Consolidated Rail Infrastructure and Safety Improvements (CRISI) grant program.

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28 October
Trains.com Staff

BNSF, electrical workers announce tentative contract agreement

BNSF Railway and the International Brotherhood of Electrical Workers have reached a tentative agreement on a five-year contract, while the National Conference of Firemen and Oilers has ratified its agreement with the railroad.

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24 October
Trains.com Staff

Weekly U.S. rail volume shows slight gain

U.S. weekly rail traffic showed a modest gain for the week ending Oct. 19, 2024.

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Trains.com Staff

CPKC earnings grow despite Canadian work stoppage

Canadian Pacific Kansas City’s third-quarter profits and revenue increased despite the impact of the four-day work stoppage in Canada, the railway reported on Wednesday.

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23 October
Trains.com Staff

CSX announces tentative deals with 2 unions, ratification of agreement by yardmasters

CSX Transportation has reached new tentative five-year deals with the International Brotherhood of Electrical Workers and the National Conference of Firemen & Oilers. The railroad also announced ratification of an agreement with yardmasters represented by the International Association of Sheet Metal, Air, Rail, and Transportation Workers-Transportation Division.

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22 October
Trains.com Staff

Norfolk Southern, electrical workers announce tentative contract deal

Norfolk Southern has reached a tentative five-year agreement with the International Brotherhood of Electrical Workers, the railroad announced Tuesday. The agreement, subject to ratification, means the railroad has tentative deals with approximately 67% of its union workforce.

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Trains.com Staff

Norfolk Southern extends gains in earnings, operating ratio

Norfolk Southern delivered significant gains in earnings and operating ratio during 2024’s third quarter, with new CEO Mark George noting the railroad is “continuing to close the margin gap” with its peers.

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Trains.com Staff

Norfolk Southern releases third-quarter financial results

Norfolk Southern (NYSE: NSC) posted third-quarter earnings from rail operations of $1.6 billion, along with an operating ratio of 47.7% and diluted earnings per share of $4.85, the railroad announced Tuesday. 

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18 October
Trains.com Staff

Mexican legislation seeks to reverse privatization of rail industry

Mexico’s Congress has passed legislation that would reverse railroad privatization laws enacted in the 1990s and give the government more control over rail operations, particularly passenger rail.

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17 October
Trains.com Staff

SEC subpoenas CSX over misstatements in financial reports

The Securities and Exchange Commission has subpoenaed CSX Corp. regarding misstatements in previously financial reports, CSX said in its latest quarterly filing with the government agency.

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Trains.com Staff

Regulators approve CPKC, CSX acquisition of Meridian & Bigbee

The Surface Transportation Board has approved acquisition by Canadian Pacific Kansas City and CSX Transportation of the Meridian & Bigbee Railroad from Genesee & Wyoming, allowing the two Class I lines to create a new direct connection at Myrtlewood, Alabama.

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Trains.com Staff

Weekly US rail traffic back ahead of 2023 levels

Weekly U.S. rail traffic rebounded into positive territory compared to 2023 for the week ending Oct. 12, after falling below previous-year levels a week earlier.

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16 October
Trains.com Staff

CSX sees slight revenue gain, feels impacts of hurricanes

CSX faces more than $200 million in reconstruction costs as a result of Hurricanes Helene and Milton, and the income impacts of the storms will be felt in both the third and fourth quarters.

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Trains.com Staff

CSX reports 7% increase in operating income during third quarter

CSX Corp. reported third-quarter operating income of $1.35 billion with net earnings of $894 million, or 46 cents per diluted share, in financial results announced Wednesday.

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11 October
Trains.com Staff

CSX, short lines in recovery mode after Hurricane Milton

Freight railroads from the Gulf Coast to Miami are still assessing damage and making repairs after Milton made landfall near St. Petersburg late Wednesday as a Category 3 hurricane.

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10 October
Trains.com Staff

Weekly U.S rail traffic ends long run in positive territory

For the first time in more than nine months, U.S. weekly rail traffic has dropped below 2023 levels.

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Trains.com Staff

Railroads have no choice but to rebuild after Hurricane Helene

Class I railroads have rationalized their networks to the extent that there is very little redundancy, leaving few efficient alternatives in the event of a catastrophic event like Hurricane Helene.

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Trains.com Staff

Norfolk Southern line into Asheville to be closed at least 3 months

Norfolk Southern says its line between Asheville, North Carolina, and Newport, Tennessee — heavily damaged by Hurricane Helene — will be out of service until at least late January, while assessment of the route between Asheville and Old Fort, North Carolina, is ongoing.

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09 October
Trains.com Staff

CSX, short lines wind down operations as Hurricane Milton nears Florida coast

Locomotives and freight cars are being moved to higher ground and railroad operations are winding down as Hurricane Milton is only a few hours from making landfall between Tampa Bay and Sarasota on Florida’s Gulf Coast.

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Trains.com Staff

Bill would place rail yardmasters under hours-of-service law

Two members of Congress have introduced legislation to place railroad yardmasters under the same hours-of-service regulations that cover workers such as train crew members and dispatchers.

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08 October
Trains.com Staff

Railroads on high alert as Hurricane Milton takes aim at Florida 

Freight railroads are on high alert as massive Hurricane Milton heads toward Florida.

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01 October
Trains.com Staff

Union Pacific says it’s already moving record West Coast container volume

Union Pacific says it’s already successfully handling the surge in container volume at West Coast ports, which began weeks ago as shippers sought to dodge a potential strike at ports on the East and Gulf coasts.

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Sep - 2024 -
30 September
Trains.com Staff

NS rail lines from Georgia to West Virginia still down after Helene

Rail service across many of Norfolk Southern’s lines from Georgia to West Virginia remain out of service.

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Trains.com Staff

CSX’s former Clinchfield Railroad barely recognizable after historic flood

CSX Transportation’s former Clinchfield Railroad mainline has seen devastating impacts from Hurricane Helene’s once-in-a-generation flood.

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20 September
Trains.com Staff

UP explains absence from early contract agreements with organized labor

As BNSF Railway, CSX and Norfolk Southern continue to sign tentative contract agreements with their labor unions well in advance of the start of national negotiations, one U.S. Class I railroad has been conspicuously absent: Union Pacific.

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13 September
Trains.com Staff

New Norfolk Southern CEO Mark George prioritizes operational excellence

Norfolk Southern, which has struggled to maintain consistent and reliable service in recent years, will no longer tolerate mediocre operational performance, new CEO Mark George says.

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12 September
Trains.com Staff

Norfolk Southern dismisses CEO Alan Shaw, promotes Chief Financial Officer Mark George to president and CEO

Norfolk Southern on Wednesday terminated the contracts of embattled CEO Alan Shaw and the railroad’s chief legal officer, Nabanita Nag, for having a consensual relationship in violation of company policy.

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09 September
Trains.com Staff

Report: Norfolk Southern board probing CEO over alleged inappropriate relationship

The Norfolk Southern board of directors is investigating allegations that CEO Alan Shaw had an inappropriate workplace relationship.

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05 September
Trains.com Staff

US rail traffic posts third straight week of strong gains

U.S. rail traffic has seen its third consecutive week of increases of 8% or more.

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Aug - 2024 -
30 August
Trains.com Staff

Norfolk Southern and BNSF reach tentative agreements with additional labor unions

Norfolk Southern and BNSF Railway have reached tentative five-year contract agreements with additional unions four months before the opening round of national collective bargaining.

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26 August
Trains.com Staff

Norfolk Southern’s RoadRailer trains ride off into history

Norfolk Southern’s final RoadRailer train left Detroit early Sunday morning for the 715-mile run to Kansas City, Missouri.

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23 August
Trains.com Staff

Teamsters Canada issues 72-hour strike notice against CN

Canadian National Railway announced it has received a 72-hour strike notice from the Teamsters Canada Rail Conference, which would launch a strike against the railroad at 10 a.m. ET on Monday.

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Trains.com Staff

Canada’s labor minister puts and end to CN and CPKC work stoppage

The Teamsters Canada Rail Conference is returning to work at Canadian National Railway, but the union said the work stoppage continues at Canadian Pacific Kansas City pending an order from the Canada Industrial Relations Board.

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22 August
Trains.com Staff

Video: Intramotev shows off autonomous, battery-electric stack car

Startup Intramotev, which converts conventional freight cars to battery-electric, self-propelled vehicles, has debuted an autonomous double-stack car.

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Trains.com Staff

Canada’s labor minister puts an end to CN, CPKC work stoppage

Canada’s freight rail work stoppage — the first to shut down both Canadian National and Canadian Pacific Kansas City simultaneously — is over.

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20 August
Trains.com Staff

Federal court shoots down STB’s streamlined rate dispute resolution process

A federal appeals court on Tuesday tossed out the Surface Transportation Board’s streamlined process for resolving rate disputes between shippers and railroads.

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19 August
Trains.com Staff

Teamsters Canada Rail Conference delivers strike notice to CPKC; CN delivers lockout notice

The Teamsters Canada Rail Conference on Sunday served a 72-hour strike notice to Canadian Pacific Kansas City, saying the union will walk out at 12:01 a.m. on Thursday, barring a last-minute labor agreement.

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15 August
Trains.com Staff

Participants line up to bend STB’s ear at rail growth hearing

he Surface Transportation Board will hear from more than three dozen participants during its two-day hearing next month regarding recent trends and strategies for growth in freight railroad traffic.

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