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WASHINGTON — The Surface Transportation Board today accepted Canadian National’s application to acquire short line Iowa Northern Railway, said the $230 million deal qualifies as a minor transaction, and set a schedule for a review of the merger. The STB must approve minor transactions unless it finds a merger would harm competition. CN says acquisition […]
NEW ORLEANS — The New Orleans Public Belt Railroad’s board of commissioners has awarded a $2.2 million contract for construction of a new transload facility. The contract was awarded on Tuesday to Cycle Construction Co. LLC for construction of the NOPB Transloading Industrial Park in New Orleans East. The $3 million project will be funded […]
WASHINGTON — Weekly U.S. rail traffic for the week ending Feb. 24 was again up compared to 2023, according to statistics from the Association of American Railroads. Overall traffic was 483,656 carloads and intermodal units, up 7.7% from the same week a year ago. It was the fifth straight week volume has bettered figures from […]
WASHINGTON — The Norfolk Southern engineer killed in a Jan. 31 incident in Decatur, Ala., suffered fatal injuries when his locomotive was struck by a group of 35 railcars rolling on an adjacent track, the National Transportation Safety Board said in a preliminary accident report released today (Wednesday, Feb. 28). The incident occurred about 4:15 […]
FORT WORTH, Texas — BNSF Railway has cut jobs from mechanical shops in Kansas and Nebraska and has offered affected workers positions at facilities where it is hiring. The railroad did not say where jobs were cut or how many positions were eliminated. But local news reports said that more than 100 positions were cut […]
CHICAGO — BNSF Railway will pay $75 million to settle a biometric privacy lawsuit in which it was originally assessed a $228 million penalty, only to have that award thrown out on appeal, Reuters reports. The settlement was originally reported last September, but terms had not been disclosed until a Monday filing in federal court […]
WASHINGTON — The National Transportation Safety Board and Surface Transportation Board both announced the addition of new staff members on Tuesday. At the NTSB, Warren Randolph has been appointed as the board’s first chief data officer, while Jen Adler will head the Office of Safety Recommendations of Communications. At the STB, Dr. Kristen Monaco has […]
The proxy battle that activist investor Ancora Holdings is waging against Norfolk Southern isn’t just about the direction NS should take and who should run the company. It’s a fight for the future of the railroad industry. The Cleveland-based activist investor seems to be taking the position that railroads shouldn’t grow. They argue that intermodal, […]
INDEPENDENCE, Ohio — The Brotherhood of Locomotive Engineers and Trainmen today said it will “vigorously oppose” an activist investor’s attempt to gain control of the Norfolk Southern board and oust CEO Alan Shaw and Chief Operating Officer Paul Duncan. Cleveland-based Ancora Holdings is waging a proxy battle and has proposed a slate of eight directors […]
WASHINGTON — The state of Oklahoma and Blackwell Industrial Authority have asked the Surface Transportation Board to allow emergency service on the Blackwell Northern Gateway Railroad, the short line shut down by the Federal Railroad Administration for safety reasons earlier this month. In a Monday filing, the state and the industrial authority, operator of an […]
STUART, Fla. — Brightline will build a new intermediate station in Stuart, Fla., the TC Palm newspaper reports. Stuart City Manager Mike Mortell informed employees on Monday that the passenger operator had selected Stuart’s downtown site near the Martin County Courthouse. Brightline did not respond to the newspaper’s request for comment. At least two other […]
WASHINGTON — Amtrak’s Office of Inspector General has released a report explaining how the company’s lack of effective parts inventory management is responsible for numerous service failures. The 62-page report released Monday, “Asset management: Company has opportunities to more effectively manage and safeguard maintenance of equipment inventory,” asserts a lack of key parts to keep […]
