Vermont Transportation Agency (VTrans) and Vermont Rail System (VRS) have reached a settlement agreement with CSX, Norfolk Southern (NS) and Genesee & Wyoming (GWI) that resolves their concerns about competition if CSX and Pan Am merge.
The Surface Transportation Board (STB) has denied a shipper group request to pause its proposed rulemaking on a voluntary arbitration program aimed at resolving small rate cases.
CSX has been named to the inaugural Forbes Green Growth 50 list of companies that are reducing greenhouse gas (GHG) emissions while growing profits; also, the Class I railroad will soon serve electric vehicle manufacturer Rivian Automotive Inc. in Atlanta, Ga.
CSX will add to its network a third automated railcar inspection portal from Duos Technologies by the end of second-quarter 2022, the supplier reported on Dec. 16.
No two words torment railroad executives and their investors more than “reciprocal switching”—a potential Surface Transportation Board (STB) decree that a railroad with sole physical access to a shipper facility transfer (switch) a shipper’s cars to a junction point with a second (competing) railroad. The second railroad pays a compensatory per-car switching fee whose reasonableness is determined by the STB.
The Surface Transportation Board (STB) on Dec. 10 reported that it will hold a virtual public hearing on the revised CSX-Pan Am merger application, and affirmed that an environmental and historic review of the proposed combination is not required.
Canadian Pacific (CP) has received a leadership level score of A- for its 2021 climate change disclosure from global environmental non-profit CDP.
CN and CSX each earned an A rating for leadership in corporate sustainability from global environmental non-profit CDP for the sixth and second time, respectively.
The Surface Transportation Board (STB) on Nov. 29 decided that Amtrak may access CSX’s Choctaw Yard in Mobile, Ala., as part of its Gulf Coast service planning efforts.
CSX Executive Vice President Mark K. Wallace died on Nov. 28 following a battle with cancer, CSX reported.