North Carolina’s rail system contributes to more than $20 billion into the state’s economy and supports 88,000 jobs, according to a report released Feb. 26 by the North Carolina Department of Transportation’s (NCDOT) Rail Division.
Norfolk Southern on Feb. 26 filed preliminary proxy materials (Schedule 14A) with the Securities and Exchange Commission (SEC) in connection with its upcoming 2024 Annual Meeting of Shareholders, to be held in
CN is teaming with logistics provider Kuehne + Negal and intermodal services company Western IntermodeX to offer shippers “smooth single service” from discharge in Prince Rupert and Vancouver, B.C., to final destinations
Tracy Robinson, President and CEO of CN and Railway Age’s 2024 Railroader of the Year, is among the featured speakers at the Railway Age Next-Gen Freight Rail 2024 Conference. Robinson will discuss
Editor’s Note: As expected, things are getting ugly. The latest press release from Ancora Holdings Group, LLC is taking the personal attacks on Norfolk Southern President and CEO Alan Shaw to a
I am a market economist and I’d sooner eat a bucket of ballast than have it said that I prefer any other market structure over competition or that government intervention is a
On Feb. 21, three days after Ancora Holdings announced its intention to replace a majority of the Norfolk Southern Board of Directors and the railroad’s chief executive and chief operating officers, Federal
Norfolk Southern Marketing leaders recently updated industry professionals on how rail is providing answers to supply chain issues during a local meeting of the Council for Supply Chain Management Professionals (CSCMP).
Ohio-based Ancora Holdings Group LLC, with affiliates and other participants—collectively called the “Investor Group”—on Feb. 20 launched a formal takeover attempt of Norfolk Southern, announcing eight prospective board members, a new CEO
Pipelines can flow freely. They can have blockages. And they can leak. For railroads, those three conditions usually mean, respectively, a network with good velocity, or one experiencing service disruptions and losing