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FORT WORTH, Texas — BNSF Railway eliminated several hundred management positions at its headquarters and across the system last week as part of a belt-tightening move. The railroad did not disclose how many jobs were affected, but people familiar with the matter say that BNSF cut 8% of its management workforce. That would translate into […]
WASHINGTON — Surface Transportation Board Chairman Martin J. Oberman says he’s disappointed that executives from Ancora Holdings, the activist investor firm engaged in a proxy battle with Norfolk Southern, have yet to schedule a meeting to discuss its goals for the railroad. Ancora Holdings Group Chairman and CEO Frederick DiSanto and Ancora Alternatives President James […]
SAN JOSE, Calif. — The Santa Clara Valley Transportation Authority has awarded a contract for construction of a 2.4-mile extension of its light rail system in East San Jose, despite a contract more than one-third higher than the agency’s original estimate. The VTA’s board last week unanimously approved the extension from the Alum Rock station […]
WASHINGTON — When the Surface Transportation Board names the members of its first Rail Passenger Advisory Committee, it will be worth remembering that the competition for places among the panels 18 voting members was fiercer for some seats than for others. As outlined in the January call for nominations, the panel has a very specific […]
WASHINGTON — The Transportation Trades Division of the AFL-CIO today urged Norfolk Southern shareholders to reject an activist investor’s bid to gain control of the railroad. Ancora Holdings, which has been critical of Norfolk Southern’s response to the Feb. 3, 2023, hazardous materials derailment in East Palestine, Ohio, as well as the railroad’s lagging financial […]
OMAHA, Neb. — Union Pacific will launch domestic intermodal service between its Inland Empire terminal in California and its Global 2 terminal in Chicago on April 1. “This service will provide access from the Los Angeles Basin’s busiest warehouse district direct to the heart of the Chicago metro, supplementing existing service between IEIT and Global […]
WASHINGTON — An official from the Transport Workers Union of America has written the Surface Transportation Board to oppose the nomination of a Metro-North Railroad executive for the STB’s new Passenger Rail Advisory Committee, citing the state of union relationships with Metro-North. In a March 6 letter to STB Chair Martin J. Oberman, John Feltz, […]
MARKHAM, Ontario — The Canadian government is providing more than C$13.5 million for 112 rail safety projects in the Toronto and Hamilton areas, as well as other regions of Ontario, Minister of Transport Pablo Rodriguez and Member of Parliament Paul Chiang announced Thursday, March 7, at the former Unionville station in Markham. The funding is […]
AKRON, Ohio — A federal court has ruled against Norfolk Southern in a suit seeking to share cleanup costs for the February 2023 East Palestine derailment with railcar owners and the maker of the vinyl chloride involved in the incident. In a decision filed Wednesday, Judge John R. Adams of the U.S. District Court for […]
CLEVELAND — Continuing attacks on current management at Norfolk Southern, board nominees of investor Ancora Holdings have issued a “white paper” on last Saturday’s three-train NS collision in Pennsylvania in which they outline what they say would be safety upgrades at the railroad and question the current operating culture. The investment group launched a proxy […]
RailPulse — the consortium of railroads, railcar manufactures, railcar owners, and other industry firms developing GPS and other telematics use — and rail telemetry vendor Nexxiot have announced an agreement to make it easier for car owners to access Nexxiot products and services and join the RailPulse platform. The agreement, announced today (March 7) but […]
WASHINGTON — Canadian Pacific Kansas City insists that it did not miss any deadlines when it asked federal regulators to give Canadian National’s proposed acquisition of Iowa Northern Railway a more thorough review. CN this week claimed that CPKC missed two deadlines when it asked the Surface Transportation Board to consider the $230 million deal […]
