91ÊÓƵ

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.

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.

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

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

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.

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

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

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

Port of Long Beach officials were upbeat about prospects for the facility even as its 2023 performance was down 12.2% year-over-year.

President Joe Biden announced $8.2 billion in new funding for infrastructure projects across the U.S. on Dec. 8, much of it involving rail travel.