Hinrichs Talks with Cramer on ‘Mad Money’
CSX President and CEO Joe Hinrichs spoke with Jim Cramer on CNBC’s Mad Money, sharing an update on CSX’s “creative service solution” to manage freight traffic that would typically transit through the
CSX
MSE, W&LE, EIRR Accept Railway Age Awards
Mississippi Export Railroad (MSE) and Wheeling & Lake Erie Railway Company (W&LE) accepted Railway Age’s 2024 Short Line and Regional Railroads of the Year Awards at the American Short Line and Regional Railroad Association
STB Appoints Inaugural PRAC Members (UPDATED 4/2)
The Surface Transportation Board (STB) on March 28 named 21 voting members to the newly formed Passenger Rail Advisory Committee (PRAC).
Bridge Collapse Shuts Down Port of Baltimore (UPDATED 3/27)
The tragic early morning collapse of the I-695 Francis Scott Key Bridge, which spans the Patapsco River, following a bridge strike by a container ship weighing 95,000 gross tons, has brought the
Class I Briefs: CSX, BNSF
CSX makes a $10 million donation toward the Museum of Science & History’s (MOSH) move to the Northbank in Downtown Jacksonville, Fla. Also, BNSF’s Needles Third Mainline, Segments 1 and 2 project is recognized with the American Council of Engineering Companies’ (ACEC) Engineering Honor Award for California.
Farmer, Ottensmeyer, Vena Among NARS Headliners
BNSF President and CEO Katie Farmer, retired Kansas City Southern CEO Patrick Ottensmeyer, and Union Pacific CEO Jim Vena will serve as keynote speakers at the North American Rail Shippers Association (NARS)
Class I Briefs: UP, CSX
Union Pacific (UP) volunteers support mental health, substance-free workplace safety initiatives. Also, CSX’s Head of Investor Relations Matthew Korn is recognized as the “Best Investor Relations Professional” by Institutional Investor.
Port of Oswego Lands $4.693MM for Rail Upgrades
New York’s Port of Oswego has received two grants totaling $4.693 million to boost rail capacity, improve rail safety, and support the state’s green energy and electric policies. The funding is part
Supply Side: Brandt, Union Railroad Company
Brandt expands its material handling division across Canada. Also, Union Railroad Company opens a new railcar repair facility in the Pittsburgh area.
CSX Lands $5MM for Detroit Intermodal Terminal Improvements
CSX will use a $5 million grant from the Michigan Department of Transportation (MDOT) to support equipment upgrades, track work, and paving the dirt and gravel yard at its Detroit Livernois Intermodal Facility in southwest Detroit.