Freight Forecasting

Safety Doesn’t Happen By Accident Part 3: Rail Group On Air Podcast

Editor’s Note: September is Safety Month in the North American railway industry. This month, Railway Age “recalls to active duty” the three-part series on System Safety by Sonia Bot and Tony Zenga, with accompanying podcasts. Here is Part 3 – William C. Vantuono

System Safety, Part 3: Identifying Overlooked Practices

Editor’s Note: September is Safety Month in the North American railway industry. This month, Railway Age “recalls to active duty” the three-part series on System Safety by Sonia Bot and Tony Zenga, with accompanying podcasts. – William C. Vantuono

CN, Under Siege from TCI, ‘Redefining.’ Will it Work?

A few days after throwing in the towel on its attempted merger with Kansas City Southern, and facing a board and management reorganization forced by activist investor and “beneficial owner” TCI Fund Management Ltd., CN on Sept. 17 announced its “Full Speed Ahead – Redefining Railroading” initiative, which it describes as an “ambitious value creation plan” consisting of, for full-year 2022, $5 billion in stock buybacks (a previously authorized C$1.1 billion of it to be completed by the end of January 2022), a decrease in capital investment to approximately 17% of revenues, C$700 million of additional, incremental operating income, a 57% operating ratio, and elimination of more than 1,000 jobs, 400 of them from operating crafts.

Insights From IANA Expo2021

With lingering concerns about COVID-19 infections, this year’s attendance at the Sept. 12-14 Intermodal Association of North America (IANA) Expo2021 conference in Long Beach, Calif., was relatively low when compared to the association’s past events. But those participating—3PLs, shippers, railroads, truckers, maritime ship operators, ports and various containerization suppliers—were energized about the multi-modal trade with containers, and the presentation sessions offered meaningful metrics and give-and-take dialogue. And yes, equipment, technology, and various intermodal services and products were on display with a “please touch and question” atmosphere.