CSX

The Surface Transportation Board gives the green light for CSX to acquire Pan Am Railways.

The Class I railroads say they have been trying to improve service, which has deteriorated amid the COVID-19 pandemic. But the Surface Transportation Board questions whether headcount reductions come into play.

The evidentiary hearing before the Surface Transportation Board, which was originally scheduled for two days, will likely tack on two more days as the board collects lots of data and testimony over how Amtrak’s service could affect freight and port operations.

FreightWaves rounds up recent freight rail-related news items.

CN and three other Class I railroads outlined to the Surface Transportation Board conditions that should be met before the board approves a merger between Canadian Pacific and Kansas City Southern.

Five takeaways on the precedent-setting Surface Transportation Board proceeding that could define how U.S. freight railroads navigate requests to expand passenger rail service on freight rail networks.

Two rail unions have sent a letter to Transportation Secretary Pete Buttigieg and Labor Secretary Martin Walsh criticizing the attendance policies of BNSF and other Class I railroads.

Paul Titterton will become president of GATX’s Rail North America division and Scott Pelkey has assumed the role of CFO of CSX.

The investments rely on expectations that customers will want easy or green access to railroads’ intermodal offerings.

CSX has been hiring more aggressively not only to meet anticipated market demand but to safeguard against COVID-19-related absences, according to executives on its fourth-quarter 2021 earnings call Thursday.

From capital investments to competitive access, issues that CSX has brought before the Surface Transportation Board reflect concerns facing the freight rail industry as a whole.

El transportador dijo en el 10-K de 2020 que su negocio
intermodal estaba en BNSF y CSX

Schneider’s intermodal profits in the first nine months of 2020 were double those of a year earlier.

CN is asking the Surface Transportation Board to require Canadian Pacific to divest KCS’ Springfield Line in Missouri and Illinois to help ensure competition.

Canadian Pacific and CSX want to show federal regulators and the broader public that they have widespread support for their proposed acquisitions.

The two eastern U.S. railroads want the Surface Transportation Board to maintain its identity as an independent arbitrator as it decides whether to permit Amtrak to restore Gulf Coast service between Mobile, Alabama, and New Orleans.

The cause of the explosion is under investigation. No injuries occurred as a result of the incident, CSX said.

U.S. utilities are facing record low coal stockpiles, and network congestion on the rails is only adding to the stress.

The end of 2021 brings the confirmation of a Surface Transportation Board member and approvals of short line requests.

CN and CSX received recognition for their action on climate change. UP has upped its targets and released a plan to reach them.