Norfolk Southern Piloting Anonymous Employee Safety Hotline
OMAHA, Neb. — About 1,000 engineers and conductors who work for Norfolk Southern soon will be able to report safety concerns anonymously through a federal system without fear of discipline.
Norfolk Southern Q4 Profit Down 33%, Derailment Costs Rising
Norfolk Southern’s Q4 profit fell 33% due to the ever-growing costs of the cleanup of last year’s derailment in eastern Ohio, but the railroad did deliver 3% more shipments in the quarter.
Union Pacific Profit Up 1% in Q4 as Deliveries Rise
OMAHA, Neb. — Union Pacific’s fourth-quarter profit crept up 1% as the railroad delivered more fertilizer, imported goods and vehicles.
Haslams, Buffett Tangled in Accounting Spat Over Pilot
The Haslam family says majority owner Berkshire Hathaway is trying to artificially depress Pilot Travel Centers' value to lower the price it has to pay to get the remaining 20% of the company.
Norfolk Southern Turns to Automated Inspection Portals
Norfolk Southern has installed automated inspection portals on its tracks in Ohio — not far from where one of its trains went off the tracks in February and spilled chemicals that caught fire.
Norfolk Southern Profit Falls as Derailment Costs Grow
OMAHA, Neb. — The costs related to the East Palestine derailment grew to $966 million for Norfolk Southern. The railroad said Q3 profit of $478 million was half of last year’s $958 million.
CSX Quarterly Profit Falls 24%, but Efficiency Improves
OMAHA, Neb. — CSX reported a 24% drop in the railroad’s third-quarter profit Oct. 19 as it hauled 2% less freight, but the CEO said customers are noticing that its trains are running more smoothly.
Camera Rule Slammed Because It Doesn’t Include Freight Rail
Passenger railroads will be required to install video recorders inside locomotives, but the rule excludes freight trains like the one that derailed and caught fire in East Palestine, Ohio.
Government Sues Union Pacific Over Using Flawed Vision Test
The U.S. government has joined some former workers in suing Union Pacific over the way it used a vision test to disqualify workers the railroad believed were colorblind.
Biden Orders Continued Monitoring of Norfolk Southern
President Joe Biden ordered federal agencies to continue holding Norfolk Southern accountable for its February derailment in eastern Ohio and appoint a FEMA official to oversee East Palestine’s recovery, but he still stopped short of declaring a disaster.