NS: GHG Emissions Target Greenlighted
The Science Based Targets Initiative (SBTi) has approved Norfolk Southern’s greenhouse gas (GHG) emissions reduction target, which aligns with the Paris Agreement on climate change.
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CSX, NS to STB: Deny Amtrak Request
CSX and Norfolk Southern (NS) are calling on the Surface Transportation Board (STB) to deny “as moot” Amtrak’s renewed request for an interim order requiring the Class I railroads to provide track access between New Orleans and Mobile so Amtrak can prepare for proposed Gulf Coast service.
NS Recognizes 43 Safe Shippers
Norfolk Southern (NS) has presented its 2020 Thoroughbred Chemical Safety Award to 43 customers for safely handling products regulated as hazardous materials.
High Profile: CSX, NS, A. Stucki Co.
CSX has appointed Mark K. Wallace, Kevin S. Boone and Sean R. Pelkey to senior leadership roles; Norfolk Southern (NS) has promoted Jason Morris to Vice President Labor Relations; and A. Stucki Co. has named Philip F. Pietrandrea Division President of Maintenance of Way.
Toyota Honors NS Environmental, Customer Service Efforts
Norfolk Southern (NS) has earned Toyota Logistics Services’ 2020 Environmental Award and Kaizen Award for its commitment to sustainability practices and continuous improvement in customer service, respectively.
2021 Railway Age Readers’ Influential Leaders
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.
People News: CN, NS, Bluejay Capital, STV
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.
NS 1Q21: ‘Strong Performance’ Despite Disruptions (Updated, Cowen)
“Our steadfast commitment to improving productivity and executing our Precision Scheduled Railroading strategy has propelled us to another record operating ratio performance, while we grew revenues and earnings in the quarter,” Norfolk Southern (NS) Chairman, President and CEO James A. Squires said April 28 during a 2021 earnings announcement.
Cowen Surveys Find ‘Encouraging’ Shipper Business Outlook
Two first-quarter 2021 surveys of rail shippers on pricing and business outlook as well as equipment needs conducted by Cowen and Company analysts Jason Seidl (Managing Director and Railway Age Wall Street Contributing Editor), Matt Elkott and Elliot Alper indicate that, compared with the previous quarter, Class I railroad customers are anticipating somewhat higher rate increases, and a slight decline in new railcar demand.
Gulf Coast Service? Not So Fast, Say CSX, NS
“Unripe.” That is what CSX and Norfolk Southern (NS) have called Amtrak’s application with the Surface Transportation Board (STB) asking for an order requiring the freight railroads to permit access for twice daily round-trip passenger service between New Orleans and Mobile, starting on or about Jan. 1, 2022.