Norfolk Southern and partnering companies were involved in 159 industrial development projects in 2022 worth $3.2 billion.
Inflation and other macroeconomic headwinds figure into Norfolk Southern’s projections for 2023. Volume growth is also a big unknown, executives said during NS’ fourth-quarter 2022 earnings call Wednesday.
Four Class I railroads have asked the Surface Transportation Board and U.S. appeals courts to review an order that seeks to resolve small rate disputes through voluntary arbitration.
A key freight rail bridge near the Port of New York and New Jersey is getting a replacement after 120 years.
Norfolk Southern plans to pursue other measures than furloughs to get through market downturns, and two activist investors press NS and Union Pacific to address paid sick leave.
CN and Norfolk Southern announce leadership changes. Transport Canada looks to fund projects aimed at promoting climate resiliency for rail infrastructure.
Amtrak and other stakeholders are asking the Surface Transportation Board to hold off on a November hearing on Amtrak’s request to restore Gulf Coast service because of a potential settlement.
Norfolk Southern has announced plans to acquire the Cincinnati Southern Railway while BNSF has opened a bridge in Idaho meant to ease bottlenecks.
The head of the railroads’ key regulator spoke at RailTrends and was highly critical of the industry’s job cutting of recent years.
Norfolk Southern says Paul Duncan will succeed Cindy Sanborn, who will leave her role as COO at the end of 2022. Also, Indiana Rail Road has named a new operating officer.
