What will Union Pacific look like once incoming CEO Jim Vena assumes the role later this month? That’s the question industry stakeholders have been wondering.
Calls to remove Surface Transportation Board Chairman Marty Oberman are misguided in light of regulatory efforts that Oberman and the current board have undertaken, labor groups tell President Joe Biden.
A law firm specializing in stockholder rights wants Norfolk Southern investors to join a class-action lawsuit over precision scheduled railroading. The firm says certain PSR practices compromised safety and depressed NS stock prices.
The railroads must work with other supply chain stakeholders and even consider sharing infrastructure in order to maintain an integral role within the broader freight transportation network, experts said at the Transportation Research Board’s annual meeting.
The U.S. Government Accountability Office’s report on precision scheduled railroading serves as a broad overview of how the freight rail industry has changed over the past decade.
A hearing at the Surface Transportation Board raised hard questions that could influence the trajectory of the freight rail industry.
Access to interchanges, treatment of American grain shippers compared to Canadian ones and service impacts weigh on shippers’ minds as they evaluate the proposed merger between Canadian Pacific and Kansas City Southern.
Union members say precision scheduled railroading affects the ability to conduct thorough safety inspections.
Two rail unions contend that NS is forcing some locomotive engineers to perform train conductor and brakeman duties following NS’ efforts to reduce its workforce.
Train engineer Matt Parker of the BLET discusses why precision scheduled railroading isn’t about precision, but about profits.
President Joe Biden’s order last week calls upon the Surface Transportation Board to examine hot topics among rail shippers, including reciprocal switching. The challenge will be balancing the wants and needs of shippers and the freight railroads.
Democratic leaders with the House Committee on Transportation and Infrastructure want the General Accountability Office to examine the effects that precision scheduled railroading has had on freight and passenger rail operations, rail safety and the labor workforce.
Rail shippers discuss what issues they would like to see addressed in 2021. Among them: further action by the Surface Transportation Board and Congress on ensuring rail competition and adequate rail service.
Cybersecurity skills are among the gaps identified in GAO review of DOT’s workforce.
Train lengths, improving network velocity and coronavirus uncertainties are among the big themes expressed by Class I railroad executives at a recent investor conference.
Rail stakeholders debate the legacy of precision scheduled railroading and the common carrier obligation.
Genuflecting toward Wall Street has symbolically become part of the North American Class 1 rail company culture.
Brad Hildebrand discussed Cargill’s reliance on dependable rail service during FreightWaves Last Mile Logistics Summit.
Intermodal was supposed to be the growth engine for rail.
$1.5 trillion infrastructure bill passes U.S. House along party lines; includes truck insurance hike.
