Observations on the TD Cowen/Jason Seidl article, “If All Else Fail, Attempt to Merge.” First, if the railroads lost only 1% of rail traffic between 2014 and 2024 (excluding coal traffic), I
CEO PERSPECTIVES, RAILWAY AGE APRIL 2025 ISSUE: At BNSF, our Southern Transcon is the busiest route along our vast 32,500-mile network, stretching 2,200 miles from Southern California to Chicago. In fact, 70%
Norfolk Southern (NS) honors 14 customers and suppliers for energy efficiency, innovation, and environmental stewardship, and supports communities across its 22-state network as part of its “Giving November” campaign. Also, CSX’s Sales and Marketing team earns the 2024 Excellence in Partnership Award from Saint Paul Commodities; Union Pacific (UP) is recognized for “digital engineering excellence” and celebrates Omaha Magazine’s cover story on President Beth Whited; and Canadian Pacific Kansas City (CPKC) marks its Holiday Train’s first two weeks on the rails.
CSX delivered “meaningful growth in volume, operating income, and operating margin in the third quarter,” President and CEO Joe Hinrichs said of his Class I railroad, the first to report financial results for the three months ending Sept. 30, 2024.
CSX, Norfolk Southern (NS), Union Pacific (UP) and The Greenbrier Companies rank on USA Today’s America’s Climate Leaders 2024 list. Also, NS collaborates with its railroaders to enhance their “home away from home”; and UP honors Mechanical employees for working 20 years injury-free.
J.B. Hunt Transport Services Inc. President Shelley Simpson will add CEO to her role starting July 1, and has been nominated for election to the Board at the company’s shareholders meeting next month.
Industry leaders were more bullish on rail and intermodal at the latest “Suds with Seidl” event at TD Cowen, as they see strong February trends after some weather-related weakness in January. The 2022
J.B. Hunt Transport Services Inc. (J.B. Hunt) announced Feb. 22 that its subsidiary, J.B. Hunt Transport Inc., has entered into a multi-year intermodal service agreement with Walmart, in an arrangement that includes J.B. Hunt’s purchase of Walmart’s intermodal assets.
Former Kansas City Southern (KCS) President and CEO Patrick J. Ottensmeyer joins the Board of Directors at J.B. Hunt Transport Services. Also, Chec Morrow has been elevated to Director of Field Services at AllTranstek LLC, a rail transport management and consulting firm; and Odyssey Logistics has appointed Omar Shamsie as Chief Commercial Officer.
BNSF, Grupo Mexico’s (GMXT) Ferromex and J.B. Hunt Transport Services Inc. on Jan. 1, 2024, will launch a new intermodal service between the Monterrey, Silao-Bajio and Pantaco-Mexico City regions, key markets in Northern and Central Mexico, through the Eagle Pass, Tex., border gateway.
