The [April 3] Arkansas Business article on the East Palestine, Ohio, event did not mention precision scheduled railroading (PSR) and tended to leave the reader with the impression that since the Arkansas railroad regulatory authorities are “not running around,” things are fine. read more >
With three Norfolk Southern Corp. rail accidents in the past two months, a recent bill, the Railway Safety Act of 2023, has been introduced. read more >
The managing partner of Soroban Capital Partners, Eric Mandelblatt, said in a letter that the Omaha, Nebraska-based railroad has lagged behind its peers during Lance Fritz' tenure over the past eight years and that a leadership change is overdue. read more >
The new procedures the U.S. Surface Transportation Board approved may give shippers a way to resolve rate disputes of less than $4 million in a matter of months instead of years, and at a much lower cost. read more >
The bill lawmakers are considering would impose a compromise labor agreement brokered by the Biden administration that was ultimately voted down by four of 12 labor unions. read more >
The business groups led by the U.S. Chamber of Commerce, National Association of Manufacturers and National Retail Federation said even a short-term strike would have a tremendous impact and the economic pain would start to be felt even before the Dec. 9 strike deadline. read more >
The move allows time for engineers and conductors to vote on their agreements with the freight railroads and give more opportunity for the industry to renegotiate with two unions that rejected their deals last month. read more >
A coalition of 322 business groups sent a letter to President Joe Biden urging him to make sure the deals he helped broker last month get approved. read more >
The U.S.'s third largest railroad union rejects a deal with employers, renewing the possibility of a strike that could cripple the economy. read more >
The deal that's retroactive to 2020 will give rail workers the biggest raises they've seen in more than four decades. But the concessions related to working conditions may prove to be more important to them. read more >
The widely expected move will keep 115,000 rail workers on the job while the arbitrators develop a set of contract recommendations for both sides to consider. read more >
Shippers, regulators and labor groups say the railroads cut too deeply when they eliminated nearly one-third of their workforce in recent years in the name of efficiency. read more >