JACKSONVILLE, Fla. — CSX Transportation on Thursday named former Ford Motor Co. executive Joseph R. Hinrichs as its next chief executive officer. Hinrichs, 55, will succeed CEO Jim Foote, who will retire on Sept. 26. Hinrichs has more than 30 years’ experience in the global automotive, manufacturing, and energy sectors, previously serving as president of […]
Train Topic: Rail Industry
Freight railroad strike averted thanks to tentative contract agreements (continuing updates)
WASHINGTON — The first freight railroad strike in three decades has been averted under a tentative deal reached overnight between Class I railroads and three labor unions, the White House announced early Thursday morning. The Class I railroads reached tentative agreements with unions representing engineers, conductors, and signalmen after 20 hours of negotiations at the […]
NJ Transit, online wagering site announce naming-rights deal
NEWARK, N.J. — NJ Transit announced Wednesday it had signed a three-year naming-rights agreement with Jersey City-based online wagering site BetMGM to rename the transit agency’s rail line to the station serving MetLife Stadium, home of the area’s two NFL teams, as the “BetMGM Meadowlands Rail Line.” NJ Transit did not announce the value of […]
Patriot Rail completes acquisition of Pioneer Lines
JACKSONVILLE, Fla. — Patriot Rail Co. has completed its acquisition of Denver-based Pioneer Lines, nearly doubling the company’s short line operations. The transaction closed Wednesday following regulatory approval, Patriot said. It will expand the company from 16 to 31 railroads, with operations in 23 states. “We are pleased to bring Pioneer Lines railroads into Patriot […]
Weekly U.S. rail traffic dips
WASHINGTON — After a brief taste of positive numbers, weekly U.S. rail traffic slipped back below 2021 figures for the week ending Sept. 10. According to the latest statistics from the Association of American Railroads, total traffic for the week was 464,261 carloads and intermodal units, down 0.9% from the corresponding week in 2021. That […]
Sanders blocks Senate resolution to impose rail settlement
WASHINGTON — An objection by Sen. Bernie Sanders (I-Vt.) on Wednesday blocked a resolution offered by two Republican senators seeking to avert a rail work stoppage by imposing the recommendations made in August by a Presidential Emergency Board. The Capitol Hill website Roll Call reports Sens. Richard Burr (R-N.C.) and Roger Wicker (R-Miss.) had sought […]
CN CEO hopes railroads and labor can avert a strike
LAGUNA, Calif. — Canadian National CEO Tracy Robinson hopes U.S. railroads and their labor unions can reach a tentative contract deal and avoid a strike. “We need to fix this labor situation down here in the United States,” she told an investor conference on Wednesday. “And it’s a critical one for all of us … […]
Rail labor roundup: Amtrak suspends all long-distance trains as of Thursday (second update)
Amtrak has announced it will halt operation of its remaining long-distance trains as of Thursday in anticipation of a possible freight rail work stoppage which could begin Friday morning. In other news as of midafternoon Wednesday, members of the Brotherhood of Locomotive Engineers and Trainmen have begun receiving instructions on what to do in case […]
Machinists reject tentative contract deal and authorize a strike
WASHINGTON – Members of the union representing machinists have rejected the tentative agreement that union leaders had reached with the Class I railroads and have voted to authorize a strike. The International Association of Machinists and Aerospace Workers (IAM) District 19 said today that its 4,900 members had voted to reject the deal that had […]
Federal regulators strike BNSF and CN comments predicting gridlock from CP-KCS merger
WASHINGTON – Federal regulators on Tuesday agreed to toss out some comments that BNSF Railway and Canadian National had filed in response to the proposed Canadian Pacific-Kansas City Southern merger. CP had asked the Surface Transportation Board to strike evidence that BNSF, CN, and CSX Transportation submitted separately on July 12, the deadline for final responses […]
Residents speak out against CP-KCS merger at Iowa meeting
DAVENPORT, Iowa — The second in a series of comment sessions on the draft environmental report for the proposed Canadian Pacific-Kansas City Southern merger was held Tuesday evening in Davenport, with Iowa residents questioning whether the report from the Surface Transportation Board’s Office of Environmental Assessment accurately reflected the impact on their communities. The Quad […]
NS to halt bulk moves by unit train on Thursday
ATLANTA — Norfolk Southern has told customers it will halt bulk commodity movements by unit train on Thursday, Bloomberg is reporting, stepping up that railroad’s plans for a potential shutdown ahead of Friday’s end of the cooling-off period for labor negotiations. NS has previously announced it would stop accept accepting intermodal and automotive shipments on […]