CSX’s Wallace: Railroad has gone from ‘worst to first’ NEWSWIRE

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Mark Wallace, CSX executive vice president of sales and marketing TRAINS: David Lassen LOMBARD, Ill. — Proclaiming that his railroad has gone “from worst to first” in just 20 months, CSX Transportation’s Mark Wallace offered a strongly positive view of Precision Scheduled Railroading Thursday at the Midwest Association of Rail Shippers conference. Wallace made his […]

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BNSF’s Rose presses need for rail automation NEWSWIRE

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BNSF Railway Executive Chairman Matt Rose speaks to an audience at the Midwest Association of Rail Shippers conference in Lombard, Ill., on Jan. 16, 2019. TRAINS: David Lassen LOMBARD, Ill. — Matt Rose has a lot of things on his mind as he nears the end of his tenure as executive chairman of BNSF Railway. […]

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CSX claims record-low operating ratio of 60.3 NEWSWIRE

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JACKSONVILLE, Fla. — CSX Corp. today announced fourth quarter 2018 net earnings of $843 million, or $1.01 per share, versus $4,140 million, or $4.62 per share on a GAAP basis ($0.64 on an adjusted basis) in the same period last year. Fourth quarter 2017 net earnings included a tax reform benefit resulting from the Tax […]

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How’s Amtrak doing in the fight vs. winter? NEWSWIRE

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The westbound Empire Builder prepares to leave Minot, N.D. on March 1, 2007. North Dakota has been largely spared of heavy snowfall totals this winter. Bob Johnston WASHINGTON — Not mentioned in reports of cancelled flights and accident-strewn snowbound highways as a major winter storm moved from the Midwest to the Mid-Atlantic region last weekend […]

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Rose continues assault on Precision Scheduled Railroading NEWSWIRE

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BNSF Executive Chairman Matt Rose TRAINS: David Lassen LOMBARD, Ill. — Matt Rose continues spiking hard on Precision Scheduled Railroading. Speaking before the Midwest Association of Rail Shippers on Wednesday, BNSF Railway’s executive chairman laid out additional considerations and problems he sees with the continued roll-out of PSR. He spoke candidly on the topic a […]

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