rail
Norfolk Southern to Pony Up $600 Million in East Palestine Settlement
Upon court approval, the agreement will resolve all class-action claims within a 20-mile radius from last…
Federal Ruling Mandates 2-Person Crews for Railroads
The Association of American Railroads (AAR) isn't thrilled with the ruling, citing a "lack of evidence"…
Ancora Lays Out 3-Year Plan for Norfolk Southern Ahead of Board Vote
The activist investor wants to cut the rail company's operating ratio from 67.4 percent of revenue to 57…
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Union Coalition: Replacing Norfolk Southern CEO Would be ‘A Tremendous Mistake’
Transportation Trades Department head Greg Regan says activist investor Ancora's short-term focus will hurt…
Norfolk Southern Train Derailment Puts More Pressure on Proxy Fight
"How can anyone defend this?" activist investor Ancora said of the wreck, which came 13 months after the…
Norfolk Southern to Shareholders: Reject Activist Board Nominees
At the center of the board battle is the controversial precision scheduled railroading (PSR) system, which…
Walmart Exits Intermodal Transportation With J.B. Hunt Deal
While Walmart launched its intermodal service six years ago, it appears the retailer saw difficulties in…
Activists Want to ‘Move Norfolk Southern Forward’ With Board, CEO Overhaul
A year after a major train derailment, the rail company is under fire from Ancora Holdings for lagging rivals…
Retired Rail Workers Protest Unpaid Benefits at US-Mexico Border
One location impacted in Laredo, Tex., is central to U.S.-Mexico trade relations, with its port facilitating…
Maersk to Bypass Panama Canal Via ‘Land Bridge’
The container shipping giant will modify its service between Oceania and the Americas to transport cargo…
Union Pacific ‘Arguing Process Over Facts’ in Contamination Lawsuit
The rail giant is fighting a class-action suit claiming it covered up a contamination problem from…
Would Railway Safety Act Push Rail in the Right Direction?
One logistics academic expects Class I railroads like Norfolk Southern and Union Pacific to step up without…
Union Pacific, Ranked ‘Worst Place to Work’, Seeks New CEO
The rail giant said it's parting ways with its top brass on the same day an activist investor pressed it to…
Bernie Sanders Attacks ‘Record-Breaking’ Rail Profits in Paid Sick-Time Plea
CSX became the first major rail provider to give some employees four days of paid annual sick leave when it…
$60,000 Nike Cargo Theft Highlights Nationwide Threat
Cargo theft complaints filed between Dec. 1-14 increased 40 percent year over year, according to CargoNet.