Plans to improve seen as still leaving East Coast-focused railroad trailing Class 1 peers By John Kingston for freightwaves.com Fourth-quarter 2023 earnings and a projection for its prospects in 2024 have led to at least a pair of Wall Street downgrades of the prospects for Norfolk Southern’s stock price. To continue reading…
Category: News
Norfolk Southern first Class I railroad to join FRA’s Confidential Close Call Reporting system
The railroad, BLET, and SMART-TD will begin a one-year pilot program designed to improve safety By Bill Stephens for trains.com Norfolk Southern, the Brotherhood of Locomotive Engineers and Trainmen, and the SMART-TD union will participate in the Federal Railroad Administration’s Confidential Close Call Reporting system, or C3RS, the railroad and labor unions said in a […]
Norfolk Southern: East Palestine derailment costs railroad $1.1 billion
A financial report filed by Norfolk Southern Corporation this week reveals that the fiery derailment and chemical spill of nearly a year ago has cost the railroad $1.1 billion so far. By Mike Gauntner for wfmj.com A financial report filed by Norfolk Southern Corporation this week reveals that the fiery derailment and chemical spill of nearly […]
2023 GRIEVANCE HANDLING UPDATE
Since June of 2022, TCU/IAM members received over 1.7 million dollars as a direct result of grievance settlements on the property and/or arbitration awards. “Filing grievances to protect our members and our work is the primary responsibility of every TCU/IAM Representative. This is absolutely necessary to protect our contracts and ensure our future. 1.7 million dollars […]
gofund.me for Carman Adam Maggard
Lodge 6078 is sad to report that tragedy has struck Carman Adam Maggard and his girlfriend Cheyanne after a fire destroyed their home. Please visit their gofundme and donate whatever you can to help them get back on their feet. Regardless whether or not you can donate, please share with everyone so that they can […]