Norfolk Southern shoots for 60 percent operating ratio target under PSR NEWSWIRE

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ATLANTA — Norfolk Southern’s embrace of Precision Scheduled Railroading will put the railroad’s operational house in order and improve financial results, including a 60-percent operating ratio by 2021. “We decided to adopt Precision Scheduled Railroading because it works,” Norfolk Southern CEO Jim Squires said in kicking off the railroad’s investor day presentations on Monday. NS […]

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FRA announces $56 million in rail improvement grants NEWSWIRE

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A Brightline train streaks through Delray Beach, Fla. FRA grants announced Friday include more than $2 million for grade-crossing improvements on Brightline’s route. TRAINS: David Lassen WASHINGTON — The Federal Railroad Administration has announced more than $56 million in grants, covering 18 projects in 16 states, to improve rail safety, efficiency, and reliability through the […]

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Posner Foundation grant supports Operation Lifesaver efforts NEWSWIRE

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WASHINGTON — Operation Lifesaver, Inc. has announced what it describes as “a generous donation” from the Posner Foundation of Pittsburgh. The undisclosed amount will support four projects. The grant will fund suicide prevention messages in communities identified by the Federal Railroad Administration’s Trespass and Suicide Dashboard that shows locations and trends in fatalities along railroad […]

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AAR: Crude oil, ‘other’ carloads lone holdouts in second week of railroad traffic plunge in the US NEWSWIRE

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Association of American Railroads Association of American Railroads WASHINGTON — The Association of American Railroads today reported U.S. rail traffic for the week ending Feb. 2, as well as volumes for January 2019. U.S. railroads originated 1,238,487 carloads in January 2019, up 1.7 percent, or 21,054 carloads, from January 2018. U.S. railroads also originated 1,316,168 […]

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Amazon as a common carrier, just like railroads NEWSWIRE

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Speculation grows about Amazon’s increasing role as a freight carrier and what that may mean for suppliers of transportation services by air, truck, water, and perhaps eventually by rail. Since what has been termed the “2013 Christmas Fiasco” in which United Parcel Service failed to deliver Amazon packages before Christmas Day, Amazon has been assuming […]

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