OMAHA, Neb. (AP) — The federal government is handing out $2.4 billion in railroad grants to help pay for 122 projects nationwide with more than half of the money going to smaller railroads. To continue reading…
August 23, 2024 – TCU and BRC have reached tentative agreements with both Norfolk Southern (NS) and Burlington Northern Santa Fe (BNSF). The tentative agreements are a five (5) year term that mirror the agreements reached earlier this week with CSX Transportation, which provides 17.5% in General Wage Increases (18.77% compounded), improves vacation agreement entitlements, secures […]
Story by JOSH FUNK, Associated Press The collision of three Norfolk Southern trains in Pennsylvania early this month highlights the shortcomings of the automated braking system that was created to prevent such crashes. To continue reading…
Josh Funk AP Business Writer Norfolk Southern alone will be responsible for paying for the cleanup after last year’s fiery train derailment in eastern Ohio, a federal judge ruled. To continue reading…
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…
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 […]
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 […]