Class I Briefs: CSX, NS, CPKC

Rickenbacker South Industrial Rail Park receives CSX Select Site Platinum designation. Also, Norfolk Southern’s (NS) new Customer Advisory Board builds on its customer-centric focus; NS’s Brosnan Forest provides timber for Clemson University’s new academic building; and Canadian Pacific Kansas City (CPKC) completes the second test run of its CP 1200 hydrogen locomotive.

(CSX Photograph)

CSX Secures More Labor Agreements

CSX on Oct. 22 reported reaching new five-year tentative collective bargaining agreements with the International Brotherhood of Electrical Workers (IBEW) and National Conference of Firemen & Oilers (NCFO) and ratifying an agreement

Commentary

NS: Teamwork Advances Locomotive Efficiency

At Norfolk Southern’s Network Operations Center (NOC), our Locomotive Group is making significant strides in driving greater efficiency across our entire network. Through teamwork and innovative approaches, the group is boosting productivity

NS, IBEW Reach Tentative Collective Bargaining Agreement

Norfolk Southern (NS) announced Oct. 22 that it has reached a tentative five-year collective bargaining agreement with the International Brotherhood of Electrical Workers (IBEW), pushing the coverage of the union workforce under early tentative deals to approximately 67%.

NS Achieves Adjusted Operating Ratio Target for 3Q24 (Updated with TD Cowen Analysis)

Norfolk Southern (NS) on Oct. 22 reported third-quarter 2024 financial results that reflected an adjusted operating ratio of 63.4%, excluding the “impact of railway line sales, the Eastern Ohio incident, as well

USDOT: More Than $33MM for P&L Railway

The U.S. Department of Transportation (USDOT) has awarded $33,780,304 in federal funding, as part of the Infrastructure for Rebuilding America (INFRA) grant program, to Paducah & Louisville Railway, Inc. (P&L) to support

New Orleans Public Belt Railroad and Heniff Transportation Systems on Oct. 17 celebrated the new $3 million transloading industrial park in New Orleans East with a ribbon cutting. (NOPB/Port NOLA Photograph)

NOPB Launches $3MM Transloading Industrial Park

New Orleans Public Belt Railroad (NOPB) on Oct. 17 reported that Heniff Transportation Systems LLC will manage rail transloading services at the newly opened New Orleans Transloading Industrial Park. The Park is located

SC Ports President and CEO Barbara Melvin at her third-annual State of the Port address on Oct. 16. (Photo/John Smoak)

SC Ports Boosting Rail Capabilities

“We know the confidence our customers place in us when they choose our port,” South Carolina Ports (SC Ports) President and CEO Barbara Melvin said during her State of the Port address on Oct. 16. “We are making strategic investments in rail-supported infrastructure to support their growth in the Southeast.”

This map shows the lines of Genesee & Wyoming-owned Meridian & Bigbee Railroad (MNBR) in relation to other rail lines in the territory and the principal geographic points in the region traversed. (Map Courtesy of CPKC)

STB Signs Off on CPKC, CSXT Acquisition of Meridian & Bigbee Lines

The Surface Transportation Board (STB) on Oct. 17 issued two separate decisions approving, with conditions, Canadian Pacific Kansas City’s (CPKC) request to acquire from Genesee & Wyoming Class III Meridian & Bigbee Railroad (MNBR) and

CSX President and CEO Joe Hinrichs. (CSX Photograph)

CSX’s Hinrichs: ‘Ready to Meet Our Customers’ Needs’ (UPDATED 10/17, TD Cowen Insight, PLUS Interview With Joe Hinrichs on 3Q24, Weather Impacts, Labor)

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.

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