BNSF, CSX, Norfolk Southern (NS) and Union Pacific (UP) have answered the Surface Transportation Board’s (STB) call to submit service recovery plans—identifying the steps they will take to clear congestion and improve service plus the metrics they will use to evaluate progress over the next six months.
CSX, Norfolk Southern (NS), and the Alabama State Port Authority and its Terminal Railway Alabama State Docks division (collectively, the Port) are again requesting Surface Transportation Board (STB)-sponsored mediation as they “continue to believe that an amicable resolution is possible—one that facilitates a prompt and orderly commencement of Gulf Coast passenger service while protecting the customers and shipping partners that rely on quality freight rail service.”
U.S. diesel pricing remains elevated, passing along significant costs to shippers via fuel surcharges. At Cowen and Company, we believe sustained high diesel pricing will ultimately benefit the railroads and IMCs (intermodal marketing companies) as shippers explore different modes of transport.
The witness phase of the slugout between Amtrak on one side and CSX, Norfolk Southern (NS) and the Port of Mobile on the other, ended May 12 as its 11th day concluded. It ended not with T.S. Eliot’s oft-quoted “whimper” but truly with a bang.
Norfolk Southern (NS) President and CEO Alan H. Shaw on May 12 discussed his railroad’s top priority—the restoration of service “to the quality our customers expect and deserve”—at an annual meeting of
Norfolk Southern (NS) has published a report on the sustainability initiatives funded through its May 2021 issuance of $500 million in green bonds.
David Shannon has been selected as the first General Manager of RailPulse, a coalition of railcar owners, builders and operators whose aim is to “facilitate and accelerate the adoption of GPS and other telematics technology across the North American railcar network to significantly increase visibility, efficiency and safety.”
Norfolk Southern’s (NS) new headquarters building in Atlanta, Ga., has been awarded LEED® Gold certification for sustainable design and construction.
“I am confident that our efforts to improve our service through accelerated hiring and refinements to our operating plan will provide a platform for long-term growth and efficiency for both our customers and shareholders,” Norfolk Southern (NS) President Alan H. Shaw said during a first-quarter 2022 earnings announcement on April 27.
CSX, Norfolk Southern (NS) and Union Pacific (UP) were among the more than 270 companies named as best places to work in 2022 by the Women’s Choice Award.