Federal Railroad Administration data says the percentage of rail workers who tested positive in random drug tests increased to 0.53% in 2015 from 0.37% in 2014, following five years of stable rates.
The law firm Thompson & Knight LLP announced September 14 that Charles W. Shewmake has joined the firm as a partner in the Trial Practice Group. Prior to joining Thompson & Knight, Mr. Shewmake served for more than eight years as Vice President and General Counsel for BNSF Railway Corporation (“BNSF”).
The Association of American Railroads (AAR) reported for the week ending September 10, 2016, total U.S. weekly rail traffic was 482,894 carloads and intermodal units, down 5.4% compared with the same week last year.
The Surface Transportation Board (STB) on Sept. 8, 2016 announced its annual determination of revenue adequacy for U.S. Class I freight railroads for 2015. Of the “Big Seven” (five U.S. carriers and two U.S. subsidiaries of Canadian roads), four made the cut.
CSX Corporation Executive Vice President and Chief Financial Officer Frank Lonegro updated investors and analysts on Sept. 7, 2016 at the Cowen and Company 9th Annual Global Transportation Conference in Boston about the company’s third-quarter expectations, full-year guidance and long-term strategy “for managing a changing business profile.”