BNSF Railway issued its annual Corporate Responsibility and Sustainability Report highlighting progress on key initiatives in the areas of sustaining its operations, creating value for its customers, engaging with employees and connecting with communities.
Union Pacific (UP) has released its 2017 Building America Report, the railroad’s ninth installment of its yearly sustainability report.
The regional and short line railroad investment tax credit (known as 45G for its provision in the Internal Revenue Code) was signed into law by President Trump following its unexpected insertion into the massive two-year Bipartisan Budget Act of 2018 passed in the predawn hours Friday, Feb. 9, by the House and Senate.
E. Hunter Harrison is gone. Railway Age’s twice-honored Railroader of the Year (2002 and 2015) died on Saturday, Dec. 16, in Wellington, Fla., from what CSX, the railroad that ultimately became the last stop in a long and distinguished career, attributed to “unexpectedly severe complications from a recent illness.” He was only 73.
As many of you may know, I’m a motorsports fan. I’m pretty happy today, because the driver from my home state of New Jersey who I have been following since he entered NASCAR’s top-tier Cup series a few years ago, Martin Truex Jr., won his first championship in an exciting race at Homestead Miami Speedway on Nov. 19.
2018 will likely see a federal infrastructure bill introduced in Congress, nearly all of which will be related to transportation. If the mid-1950s process that led to the Interstate Highway System, which has been described as the largest public works project in history, is any guide to the future, what will the new bill look like?
Monday the 13th at General Electric: The 125-year-old corporation, among the world’s oldest, announced a massive, aggressive downsizing and restructuring, a reduced dividend, and an in-the-works divestiture of its storied Transportation division, one of the world’s largest, most successful builders of railway locomotives.
Knee-jerks are part of business, one of the risks of doing business. As for knees, like most people, I have two of them, and as for jerks, I’ve been one, on occasion.
The luster is fading from Hunter Harrison’s “Dr. Fixit” image faster than an old jalopy’s back-alley paint job. His boisterous March arrival as CEO of CSX put in motion warp-speed, backfiring directives changing culture, operating practices and marketing practices.
Confirmation of career-railroader Ronald L. Batory as Federal Railroad Administrator has been delayed by New Jersey and New York’s Senate delegation—Minority Leader Charles Schumer (D-N.Y.), Kirsten Gillibrand ((D-N.Y.), Cory Booker (D-N.J.) and Robert Menendez (D-N.J.)—over what they say is concern that the federal government will not provide funding for the Gateway Project.
