WASHINGTON — Well, you can bet there will be interesting discussions going on in Norfolk Southern locomotive cabs today. Just hours after the Brotherhood of Locomotive Engineers and Trainmen reversed course and said it would back activist investor Ancora Holdings in its bid to oust Norfolk Southern management, the SMART-TD union that represents conductors said […]
INDEPENDENCE, Ohio — The Brotherhood of Locomotive Engineers and Trainmen is now backing activist investor Ancora Holdings and its call for management change at Norfolk Southern. The union’s decision, announced today, is the second in as many days: The union representing maintenance of way workers yesterday swung its support to Ancora. The unions represent 41.5% […]
Trains News Wire spoke with Union Pacific CEO Jim Vena after the railroad’s first quarter earnings call this morning. [See Union Pacific profits improve despite drop in coal.] UP introduced a Service Performance Index that showed how well the railroad met customer commitments during the quarter. The Intermodal Service Performance Index was 95%, while the […]
FORT WORTH, Texas — BNSF Railway’s train dispatchers will participate in the Federal Railroad Administration’s Confidential Close Call Reporting System under an agreement announced today. BNSF becomes the second Class I railroad to participate in the Confidential Close Call Reporting System, or C3RS. Norfolk Southern joined the program in March. The American Train Dispatchers Association, […]
OMAHA Neb. — Union Pacific’s first-quarter profits rose despite flat revenue and lower freight volume. “We are pleased to be able to report earnings growth in a tough environment,” CEO Jim Vena told investors and analysts on the railroad’s earnings call this morning. Operating income rose 3%, to $2.3 billion, on flat revenue of $6 […]
CLEVELAND – The union representing Norfolk Southern’s maintenance of way employees has thrown its support behind activist investor Ancora Holdings. The Brotherhood of Maintenance of Way Employes Division of the International Brotherhood of Teamsters said today that a change in leadership is necessary at NS. The union is backing Ancora’s full slate of director candidates […]
HELENA, Mont. — A federal jury found earlier this week that BNSF Railway contributed to the death of two people who were exposed to asbestos when mining material was shipped through the town of Libby, Mont., and awarded $4 million each in compensatory damages to the estate of the two plaintiffs, who died in 2020 […]
WASHINGTON — U.S. rail traffic remained above 2023 levels for the 13th straight week, but the margin is narrowing. For the week ending April 20, total U.S. volume was 474,544 carloads and intermodal units, a 0.8% increase over the corresponding week a year earlier, according to statistics from the Association of American Railroads. That includes […]
Seaboard Air Line train No. 280 heads northbound near Aberdeen, N.C., with several piggyback trailers in 1962. Trailers include Pennsy, Fruit Growers Express, and Chesapeake & Ohio. J. David Ingles collection […]
ST. LOUIS – Intramotev, which retrofits freight cars with autonomous, self-propelled battery electric technology, today announced a partnership with global mining company Carmeuse Americas to deploy its TugVolt cars at a limestone mine in Cedarville, Mich. “We couldn’t have asked for a better partner to deploy our technology in Michigan than Carmeuse,” Intramotev CEO Tim […]
WASHINGTON — The Federal Railroad Administration issued a safety bulletin today in the wake of a fatal accident involving a maintenance-of-way worker who was pinned by an excavator’s bucket. “FRA is actively investigating this accident, and is issuing this bulletin to remind railroads, railroad employees, and railroad contractors of the importance of ensuring proper safety […]
CALGARY, Alberta — Canadian Pacific Kansas City’s first-quarter financial results reflected the progress the railway has made in the year since the Canadian Pacific-Kansas City Southern merger, executives said today. “One year into our historic combination, I am proud of what our dedicated family of railroaders has accomplished as we deliver on the benefits of […]
