CLEVELAND – Activist investor Ancora Holdings has asked the Norfolk Southern board to explain why it gave CEO Alan Shaw a 37% raise last year despite presiding over the industry’s worst financial results, poor stock performance, and the railroad’s “ineffective and tone-deaf response” to the hazardous materials derailment in East Palestine, Ohio. “It is astonishing […]
Built by Others is an article series showcasing layouts constructed by modelers using plans and projects from the pages of Model Railroader and its associated products. The New York, New Haven & Hartford RR originally appeared in the pages of Model Railroader in August of 2004. Fred Ciocciola adjusted this trackplan to fit the space he had […]
Associations representing railroad shippers say they’re concerned about Ancora Holdings’ proxy battle at Norfolk Southern, fearing that the activist investors will put an emphasis on boosting short-term profits at the expense of service. “Seems as if NS is making strides on improving service which, to a certain degree, means abandoning some of the Precision Scheduled […]
The much-anticipated PIKO America HO Krauss-Maffei ML-4000 diesel-hydraulic locomotive recently toured our Milwaukee, Racine & Troy staff layout. Join Model Railroader Senior Editor Cody Grivno as he provides a brief history of the prototype, points out the various details on the model, and demonstrates some of the sound and light functions. He wraps up the […]
Locomotives and rolling stock Burlington Northern (1991 scheme), Montana Rail Link (blue 2009 scheme), TTX (gray patchout with TOFX reporting marks, yellow-and-black as-delivered scheme, and yellow-and-black with Forward Thinking patch), and York Rail (brown) are the new paint schemes on the Atlas O Premier line Gunderson 50-foot high-cube boxcar. The paper-hauling boxcar, priced at $79.95, […]
The much-anticipated PIKO America HO Krauss-Maffei ML-4000 diesel-hydraulic locomotive recently toured our Milwaukee, Racine & Troy staff layout. Join Model Railroader Senior Editor Cody Grivno as he provides a brief history of the prototype, points out the various details on the model, and demonstrates some of the sound and light functions. He wraps up the […]
BOSTON — Union workers operating the Massachusetts Bay Transportation Authority’s commuter rail operator for its contract operator, Keolis, are prepared to strike over wages and other conditions, the president of one union told the MBTA’s board on Thursday. “We don’t want to strike, but we will when we are legally able to,” Transportation Workers Union […]
ERIE, Pa. — If you’ve wondered what it looks like to paint a locomotive, Wabtec has released a short video condensing the 7-to-10-day process — requiring two-person crews working two shifts — to just over a minute and a half. The locomotive being painted in this video, incidentally, is not your run-of-the-mill diesel with your […]
NEW YORK — Trains will be replaced by buses on the eastern portion of the Long Island Rail Road’s Ronkonkoma Branch on weekdays beginning Monday, March 4, the most significant of a series of schedule changes to allow for track work throughout the LIRR system. A number of other changes, involving new trains, new start […]
CANCÚN, Mexico — A third section of Mexico’s tourist-focused Maya Train, a 68-kilometer (42-mile) segment between Cancún and Playa del Carmen, was inaugurated Thursday, Feb. 29, with a trip including President Andrés Manuel López Obrador, local officials, and media members. It was the final portion of the project to be launched before a March 1 […]
ATLANTA — The activist investors targeting Norfolk Southern pose a threat to the railroad industry and the U.S. economy and may prompt new regulations, outgoing Surface Transportation Board Chairman Martin J. Oberman told a shipper conference today. Oberman was highly critical of Ancora Holdings’ proxy battle against NS, along with its efforts to replace current […]
ATLANTA — Norfolk Southern CEO Alan Shaw, who has been a punching bag for the activist investors who are trying to oust him, defended the railroad’s growth strategy at a shipper conference today. “I am fighting. I am fighting for what’s right and I am fighting for the industry,” Shaw told the Southeast Association of […]
