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CORONADO, Calif. — A few final notes from last week’s National Railroad Construction and Maintenance Conference at the Hotel Del Coronado: NS communications restructuring: One unique aspect of Norfolk Southern’s “reimagining,” — its label for Precision Scheduled Railroading-style changes — is that it has spun off its communication and signals group, historically part of its engineering […]
Ron Batory, Federal Railroad Administration administrator TRAINS: David Lassen CORONADO, Calif. — Ron Batory, head of the Federal Railroad Administration, was one of the final-day speakers at the National Railroad Construction and Maintenance Association Conference that concluded Wednesday. At the beginning of his talk, he said wanted to leave time for questions from the audience. […]
A conductor and engineer pose for a photo on CSX Transportation GP38-2 No. 6237 on July 4, 2019. Joe Kohnen WASHINGTON – For the first time since the government began tracking employment statistics in the 1940s, the number of people employed by railroads has dipped below 200,000. The U.S. Bureau of Labor Statistics has industry-specific […]
WASHINGTON – Operation Lifesaver is launching a new public service announcement campaign that brings attention to the dangerous distractions that could lead to unexpected and sometimes deadly tragedies for pedestrians on or near railroad tracks. “Walking on the railroad tracks is considered trespassing – it’s against the law,” says Executive Director Rachel Maleh. “This new […]
CORONADO, Calif. — If there’s a trend in this year’s Class I capital plans — at least as they’re being presented at the National Railroad Construction and Maintenance Association Conference — it’s that the railroads are keeping the nature of those plans closer to the vest than they have at previous conferences. Dollar figures for […]
Analysts expect fourth quarter earnings to fall at four of the six publicly traded Class I railroads as cost cutting, rate increases, and share buybacks were not enough to offset the impact of traffic declines. On average, earnings per share at the six publicly traded railroads will fall by 1%, according to consensus estimates by […]
CORONADO, Calif. — Canadian Pacific CEO Keith Creel spoke for nearly an hour Monday as the keynote speaker at the NRC Conference. In addition to his remarks on mergers and Precision Scheduled Railroading, he also touched on a number of other topics. — Creel said that while railroading might eventually see significant savings through adoption […]
Canadian Pacific CEO Keith Creel speaks during the National Railroad Construction and Maintenance Association Conference on Monday, Jan. 6. TRAINS: David Lassen CORONADO, Calif. — Consolidation of the rail industry is “inevitable,” Canadian Pacific CEO Keith Creel says, but the industry-wide embrace of Precision Scheduled Railroading has likely pushed the merger process from a five-year window […]
Steven Ditmeyer Steven Ditmeyer’s long career in railroading and related industries began as a transportation trainee for the Missouri Pacific Railroad. He has been a transportation economist at The World Bank; chief engineer of research, communications, and control systems at Burlington Northern; and held positions with the Federal Railroad Administration. He is currently the principal […]
Surface Transportation Board Vice Chairman Patrick Fuchs (left) speaks as STB Commissioner Marthy Oberman listens during a Sunday discussion fo STB activities at the NRC Conference in Coronado, Calif. TRAINS: David Lassen CORONADO, Calif. — Two-thirds of the members of the Surface Transportation Board were on hand for a discussion of the agency’s activities on […]
WASHINGTON — The Surface Transportation Board has dismissed a complaint from a coalition of rail shippers taking issue with what they characterized as unfair fuel surcharges. The STB’s decision to deny the petition for reconsideration on Dec. 30 is the latest in a long-brewing conflict over fuel surcharges. Railroads say they are simply trying to […]
Canadian Pacific was the only Class I railroad to show volume growth in 2019. CP eked out 0.9% growth in total traffic, well above the industry average of a 3% decline in total volume measured by carloads and intermodal units, according to a Trains News Wire review of the railroads’ weekly carload reports. CP also […]
