railroads News Updates

Government, Business, Safety, Logistics

FRA: Union Pacific Undermined Regulators’ Safety Efforts

OMAHA, Neb. — Union Pacific managers undermined the U.S. government’s efforts to assess safety at the railroad in the wake of several high-profile derailment, federal regulators say.

May 1, 2024
Government, Business, Safety, Logistics

Buttigieg Calls on Congress to Pass Rail Bill

More than a year after a train derailment in Ohio captured mainstream attention, the nation’s top transportation officer again called on Congress to advance a freight safety bill.

May 1, 2024
Business, Logistics

Proxy Firm: Norfolk Shareholders Should Split Ticket in Vote

Norfolk Southern's CEO won support from adviser Institutional Shareholder Services before a shareholder vote on an activist-driven push to replace the railroad’s leadership team.

April 30, 2024
Business, Logistics

CSX Profit Drops 10% Despite 3% More Q1 Freight

CSX’s first-quarter profit slipped 10% even though the railroad delivered 3% more goods, as the mix of shipments it handled shifted toward less profitable items.

April 17, 2024
Government, Business, Safety, Logistics

House Democrats Press Freight Rail Safety

Senior Democrats on the transportation committee in the U.S. House are calling on their colleagues to advance rail safety measures.

March 18, 2024
Government, Business, Safety, Logistics

Buttigieg Takes Railroads to Task on Safety

OMAHA, Neb. — Transportation Secretary Pete Buttigieg has reiterated his concerns about railroad safety and scolded the industry for not doing more to improve.

March 13, 2024
Government, Safety, Logistics

Congressional Democrats Push Rail Safety Bills

To mark the anniversary of a freight train derailment in Ohio, policymakers renewed calls for approving a legislative response as the industry highlights safety improvements.

February 8, 2024
Business, Safety, Logistics

STB Modifies Performance Requirements for Class I Railroads

Changes are being made in a nearly 2-year-old federal government requirement regarding performance levels at four Class I freight railroads.

February 6, 2024
Government, Safety

Buttigieg Calls on Congress to Pass Rail Safety Bill

Secretary Pete Buttigieg recently pressed Congress to pass legislation that would strengthen rail safety policies.

January 25, 2024
Business, Logistics

CSX Reports Slight Revenue Knock for Q4

CSX Corp. experienced a slight decrease in year-over-year revenue during the fourth quarter of 2023, the company reported Jan. 24.

January 25, 2024