American Short Line and Regional Railroad Association (ASLRRA) Chairwoman Judy Petry retires from Farmrail. Also, Chicago’s Regional Transportation Authority (RTA) welcomes Kevin Bueso as new Chief Financial Officer (CFO); and Indiana Rail Road (INRD) promotes Austin Milton to Director, Safety and Training.
For CSX, fourth-quarter 2022 operating income was $1.46 billion compared to $1.37 billion in fourth-quarter 2021, while net earnings were $1.02 billion, or $0.49 per share, compared to $934 million, or $0.42 per share, in the same period last year, the Class I reported Jan. 25.
CSX, Norfolk Southern (NS), Union Pacific (UP) and the U.S. operating subsidiaries of CN on Dec. 29, 2022 requested that the Surface Transportation Board (STB) stay its requirement that the Class I railroads commit to a new arbitration program for small rate disputes. STB on Jan. 23, 2023 denied the request.
Conrail has contracted with Cloud-hosted software provider Comply365 to roll out a content management system and mobile app for train crews, eliminating the need for paper rulebooks.
Watco Executive Vice President and Chief Commercial Officer Stefan Loeb has been appointed to the Railroad-Shipper Transportation Advisory Council (RSTAC). Also, AITX welcomes Timothy Jones as Plant Manager of AITX Clinton, Ind.
The ports of Los Angeles and Long Beach in California report 2022 as their second-busiest year on record. Also, South Carolina Ports (SC Ports) announces a record 2022 with the most containers ever handled at the Port of Charleston. All provide their outlook for 2023.
Railinc on Jan. 18 reported that it has added railroad milepost and highway/rail grade crossing location information to AskRail®, the rail industry emergency response information app.
Reno, Nev.-based ITS Logistics issues the January forecast for its U.S. Port/Rail Ramp Freight Index. Also, the South Carolina Ports Authority approves $100 million-plus in contracts for its new intermodal facility in North Charleston.
Virginia’s New River Valley Passenger Rail Service Extension and Newport News Transportation Center projects will receive a combined $3.2 million in federal funding to move forward, the Virginia Passenger Rail Authority (VPRA) reported on Jan. 17.
The CSX Memphis Intermodal team marks a safety milestone. Also, Union Pacific (UP), CSX and Norfolk Southern (NS) have been included in JUST Capital’s “America’s Most JUST Companies” list for 2023.