NS Issues Green Bond Project Report
Norfolk Southern (NS) has published a report on the sustainability initiatives funded through its May 2021 issuance of $500 million in green bonds.
NS
RailPulse Appoints GM
David Shannon has been selected as the first General Manager of RailPulse, a coalition of railcar owners, builders and operators whose aim is to “facilitate and accelerate the adoption of GPS and other telematics technology across the North American railcar network to significantly increase visibility, efficiency and safety.”
![“Achieving LEED certification is more than just implementing sustainable practices,” USGBC President and CEO Peter Templeton said. “It represents a commitment to making the world a better place and influencing others to do better. Given the extraordinary importance of climate protection and the central role buildings play in that effort, Norfolk Southern is creating a path forward through [its] LEED certification.”](https://www.old.railwayage.com/wp-content/uploads/2022/04/NSHQLEED-315x168.png)
NS Headquarters Earns LEED ‘Gold’ Certification
Norfolk Southern’s (NS) new headquarters building in Atlanta, Ga., has been awarded LEED® Gold certification for sustainable design and construction.
NS 1Q22: ‘Solid, Despite Network Challenges’ (UPDATED, Cowen)
“I am confident that our efforts to improve our service through accelerated hiring and refinements to our operating plan will provide a platform for long-term growth and efficiency for both our customers and shareholders,” Norfolk Southern (NS) President Alan H. Shaw said during a first-quarter 2022 earnings announcement on April 27.
CSX, NS, UP Ranked as Best Companies for Women
CSX, Norfolk Southern (NS) and Union Pacific (UP) were among the more than 270 companies named as best places to work in 2022 by the Women’s Choice Award.
STB Approves CSX-Pan Am Combination
All five Surface Transportation Board members on April 14 signed off on CSX’s proposal to acquire Pan Am Systems, Inc., and its short line railroad subsidiaries, effective May 14.
NS Expands Conductor Trainee Incentive Program
Norfolk Southern (NS) has expanded its conductor trainee incentive program to three new “priority” locations, where trainees are eligible to receive starting bonuses of $5,000, the Class I railroad reported on April 14. There are now 15 such “priority” locations on the NS network.
Round 4: A Battle Within a Battle
The battle between Amtrak and potential host railroads CSX and NS, joined by the Port of Mobile, entered a new stage April 4, as the first witnesses began their appearances before the Surface Transportation Board (STB) in the first case that will decide how and on what conditions Amtrak will be allowed to initiate new passenger service. The entire afternoon and the start of proceedings on April 5 featured a single witness. There was only one more during that day’s 8½-hour session, and only one other on April 6. April 5’s morning’s events featured a skirmish within the principal battle: a mini-slug-out in which both sides can claim victory, but CSX may have been the bigger winner.
Commentary
STB’s ‘Marty Party’ Targets Rail CEOs
Call it a “Marty Party” scheduled for April 26-27 at which CEOs of the four largest U.S.-headquartered railroads will be placed as frogs on a lily pad in a lake of pain to be grilled as suspects in the offense of failing to provide adequate service to shippers.
Commentary
Gulf Coast Battle: A Possible Solution
As the evidentiary hearing regarding the reintroduction and expansion of Amtrak passenger train service between New Orleans and Mobile continues before the Surface Transportation Board, interesting operational cost-sharing questions have emerged regarding how Amtrak trains may be able to coexist with very long CSX freights.