Norfolk Southern’s CEO says the railroad is prioritizing both improving current service and pursuing a merger with Union Pacific.
Cando Rail & Terminals is acquiring Savage Rail to create a far-reaching North American market in first and last mile rail operating services and terminal infrastructure.
Union Pacific might be running the smoothest rail network.
What are stakeholders in the freight rail space keeping an eye on in 2024? Here’s a starter list.
The U.S. freight rail industry got schooled in 2023 on issues including the three R’s: rail safety, reciprocal switching and relationships.
The Brotherhood of Maintenance of Way – Employes Division is continuing to express its disappointment over planned furloughs at Union Pacific. But UP insists that it will call back furloughed employees as the railway pursues rail service and safety goals.
Executives with CSX, Union Pacific and Norfolk Southern at recent investor conferences listed some of the ways they expect to improve rail service.
After serving one five-year term on the Surface Transportation Board, Chairman Marty Oberman has decided against seeking reappointment.
Rail shippers largely welcome a reciprocal switching rule proposed last week by the Surface Transportation Board, but some wish it did more to incentivize rail competition.
After years of wrangling over the issue, the Surface Transportation Board has issued a notice of proposed rulemaking on reciprocal switching that will seek to define the service parameters where a switching action could take place.
The Reliable Rail Service Act would charge the Surface Transportation Board to provide more clarity on the freight railroads’ common carrier obligation.
The unions blast the Class I railroads’ public statements on the railroads’ efforts to bolster employee head count in a filing to the Surface Transportation Board.
Rail service may have improved but that shouldn’t relieve the Surface Transportation Board from pursuing shipper-friendly regulatory reforms, shippers say.
A hearing held by the U.S. House Transportation and Infrastructure Committee on freight rail supply chain challenges focused on a range of topics.
Union Pacific, BNSF and Norfolk Southern need to go further in improving rail service, according to a Surface Transportation Board decision requiring the railroads to submit service performance reports.
Rail service for chemical and agricultural shippers has gotten better, but further improvements could be made, according to two reports.
The Surface Transportation Board recently took action on Union Pacific’s use of embargoes in the Midwest and rejected the Class I railroads’ request to delay a program related to smaller rate disputes.
Eight U.S. representatives from Iowa and Minnesota want the Surface Transportation Board to require Union Pacific to fix service issues and lift weather-related embargoes in the region.
FTR Transportation Intelligence expects a competitive truck market and port activity shift to put pressure on rail intermodal in 2023.
An active Surface Transportation Board and ongoing issues to fully restore rail network capacity are among the issues that industry stakeholders are eyeing in the new year.
