Surface Transportation Board (STB) Chairman Martin J. Oberman has called on the CEOs of the seven North American Class I’s to provide an update on their preparedness to meet service demands, particularly as railroad employment rates have fallen.
The St. Louis region relies heavily on its Norfolk Southern- and CSX-served rail connection with the Port of Virginia, hundreds of miles away on the East Coast, to maintain its position “as one of the premier multimodal freight hubs and distribution centers in the United States.” The relationship was discussed in detail during the FreightWeekSTL 2021 conference, hosted by Bi-State Development, which operates the St. Louis Regional Freightway.
Agracel Rail Holdings, a new affiliate of industrial development services provider Agracel, Inc., has teamed with Lawrence Economic Development Corp. (LEDC) to revamp The Point Industrial Park in South Point, Ohio.
Wabtec has published a Green Finance Framework, as part of its sustainability strategy; Washington Metropolitan Area Transit Authority (WMATA) has released Climate Bonds Certified green bonds, as part of its “commitment to delivering sustainable, cost-effective transportation service to the Washington [D.C.] Metropolitan Region.”
Norfolk Southern chief executive Jim Squires, in his address to shareholders at the May 13 annual meeting, focused on the company’s “digital transformation” and sustainability initiatives, in addition to the standard shareholder-value-based comments, such as “accelerating PSR implementation.”
Norfolk Southern (NS) has issued $500 million of green bonds to fund its sustainable business initiatives.
The U.S. Department of Transportation (USDOT) “stands ready” to work with Amtrak, CSX, Norfolk Southern (NS) and other stakeholders to restore “long overdue” passenger service between New Orleans and Mobile, it wrote in a recent Surface Transportation Board (STB) filing.
RAILWAY AGE MAY 2021 ISSUE: The mantra of these railroaders: Making a difference. They’re not only helping to shape the industry, but also tomorrow’s leaders.
The Commonwealth of Virginia and Norfolk Southern (NS) have reached a $257.2 million agreement that will increase existing Amtrak service to Roanoke and expand service to the New River Valley.
The CN Board of Directors appointed Roberta Louise Jamieson and Murray Sinclair as Co-Chairs of the Indigenous Advisory Council (IAC); Norfolk Southern (NS) elevated Frank Voyack to Vice President of Government Relations, succeeding Marque Ledoux; Bluejay Capital Partners hired Pierre-Luc Mathieu as Managing Partner; and STV promoted Paul Menaker to Vice President.
