CSX railroad's merger prospects derail as BNSF and CPKC make clear they aren't interested in a deal
Read full article: CSX railroad's merger prospects derail as BNSF and CPKC make clear they aren't interested in a dealThe prospects for additional consolidation in the rail industry derailed this week when both of CSX's potential partners said they weren't interested in a deal.
Union Pacific and Norfolk seek 1st transcontinental railroad through a massive merger
Read full article: Union Pacific and Norfolk seek 1st transcontinental railroad through a massive mergerUnion Pacific is seeking to buy Norfolk Southern in a $85 billion deal that would create the first transcontinental railroad in the U.
Asbestos clinic forced to close in Montana town where thousands have been sickened by dust
Read full article: Asbestos clinic forced to close in Montana town where thousands have been sickened by dustAn asbestos screening clinic in a Montana town where thousands have been sickened dust from a nearby mine has been shuttered by local authorities.
Thieves targeting freight trains in California and Arizona deserts make off with $2M worth of Nikes
Read full article: Thieves targeting freight trains in California and Arizona deserts make off with $2M worth of NikesThieves have targeted freight trains running through California and Arizona in a string of audacious heists that have resulted in the theft of more than $2 million worth of new Nike sneakers.
Railroad BNSF stresses safety but is still held back by longstanding industry issues, report finds
Read full article: Railroad BNSF stresses safety but is still held back by longstanding industry issues, report findsFreight railroad BNSF is generally striving to improve safety on a consistent basis but that message doesnโt always reach front-line workers who often donโt feel comfortable reporting safety concerns for fear of being disciplined.
Warren Buffett surprises by slashing Berkshire Hathaway's longtime Apple stake in second quarter
Read full article: Warren Buffett surprises by slashing Berkshire Hathaway's longtime Apple stake in second quarterBillionaire Warren Buffett slashed Berkshire Hathawayโs massive Apple stake in a move that could prove unsettling for the broader stock market because the investor is so revered and there had been little positive financial news lately.
BNSF becomes 2nd major railroad to sign on to anonymous federal safety hotline for some workers
Read full article: BNSF becomes 2nd major railroad to sign on to anonymous federal safety hotline for some workersBNSF will become the second major freight railroad to allow some of its employees to report safety concerns anonymously through a federal system without fear of discipline.
Latest freight railroad layoffs and Wall Street pressure renew concerns about safety and service
Read full article: Latest freight railroad layoffs and Wall Street pressure renew concerns about safety and serviceThe latest rail layoffs this week, combined with an investment fund's ongoing campaign for control of Norfolk Southern, are renewing concerns among unions and regulators about all the cuts hurting safety and service.
US economy grew solid 3.2% in fourth quarter, a slight downgrade from government's initial estimate
Read full article: US economy grew solid 3.2% in fourth quarter, a slight downgrade from government's initial estimateThe U.S. economy grew at a robust 3.2% annual pace from October through December, propelled by healthy consumer spending, the Commerce Department reported Wednesday in a slight downgrade from its initial estimate.
Broken rail caused fatal Colorado train derailment that collapsed bridge, early findings show
Read full article: Broken rail caused fatal Colorado train derailment that collapsed bridge, early findings showThe truck driver killed when a train derailed and collapsed a bridge over Interstate 25 in Colorado has been identified as a California man.
Railroads resist joining safety hotline because they want to be able to discipline workers
Read full article: Railroads resist joining safety hotline because they want to be able to discipline workersThe major freight railroads say a disagreement over whether they will be allowed to discipline some workers who use a government hotline to report safety concerns has kept them from following through on the promise they made back in March to join the program after a fiery Ohio derailment prompted calls for reforms.
BNSF train engineers offered paid sick time and better schedules in new deal
Read full article: BNSF train engineers offered paid sick time and better schedules in new dealRoughly 7,500 BNSF train engineers may get up to eight days of paid sick time and more predictable schedules if they approve a deal with the railroad announced Tuesday.
Montana train derailment report renews calls for automated systems to detect track problems
Read full article: Montana train derailment report renews calls for automated systems to detect track problemsThe NTSB is renewing its calls for major freight railroads to equip every locomotive with automated track inspection devices that it believes could have prevented a 2021 train derailment that killed three people in Montana.
Engineers frustrated with rails even as others get sick time
Read full article: Engineers frustrated with rails even as others get sick timeTens of thousands of engineers remain frustrated with the lack of paid sick time and the demands railroads like BNSF are making in negotiations despite the progress that has been made this year with sick time deals for most of the other rail unions.
Rail workers say deal won't resolve quality-of-life concerns
Read full article: Rail workers say deal won't resolve quality-of-life concernsMost railroad workers weren't surprised that Congress intervened this week to block a railroad strike, but they were disappointed because they say the deals lawmakers imposed didn't do enough to address their quality of life concerns about demanding schedules and the lack of paid sick time.
Quality of life concerns weigh heavily on rail contract vote
Read full article: Quality of life concerns weigh heavily on rail contract voteThe lack of some benefits most workers can readily count on like paid sick leave and regularly scheduled weekends, combined with demanding schedules, is driving some railroad workers to veto labor contracts featuring big raises and bonuses.
1 rail union rejects deal, 2 accept ahead of strike deadline
Read full article: 1 rail union rejects deal, 2 accept ahead of strike deadlineMembers of one union have rejected a tentative deal with the largest U.S. freight railroads, while two ratified agreements and three other unions remained at the bargaining table just days ahead of a national strike deadline.
Businesses, White House plan for possible rail strike Friday
Read full article: Businesses, White House plan for possible rail strike FridayBusiness and government officials are bracing for the possibility of a nationwide rail strike at the end of this week while talks carry on between the largest U.S. freight railroads and their unions.
Railroads back plan calling for 24% raises but workers wary
Read full article: Railroads back plan calling for 24% raises but workers waryThe major freight railroads signaled theyโre ready to negotiate a new deal based on a presidential report that calls for 24% raises, but the 12 unions involved in the stalled talks covering 115,000 workers still havenโt commented on the recommendations.
Plan to end railroad contract dispute calls for 24% raises
Read full article: Plan to end railroad contract dispute calls for 24% raisesThe special board appointed by President Joe Biden to intervene in stalled railroad contract talks has suggested that 115,000 rail workers should get 24% raises and thousands of dollars in bonuses as part of a new agreement to avert a strike.
Judge says BNSF unions can't strike over new attendance rule
Read full article: Judge says BNSF unions can't strike over new attendance ruleBNSF railroadโs two biggest unions that represent 17,000 workers wonโt be able to go on strike over a new attendance policy they say would penalize employees for missing work for any reason.
Profit plummets at Buffett's company on investment gains
Read full article: Profit plummets at Buffett's company on investment gainsWarren Buffettโs company reported a third-quarter profit that was roughly one-third the amount of last yearโs profit because of much smaller paper gains on the value of its investments, but most of its businesses were continuing to recover from the effects of the pandemic.
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Amtrak train that derailed was going just under speed limit
Read full article: Amtrak train that derailed was going just under speed limitAn Amtrak train that derailed in rural Montana over the weekend was going just under the speed limit at about 75 mph (121 kph) when it went off the track along a gradual curve.
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Power makes slow return to eastern New Orleans
Read full article: Power makes slow return to eastern New OrleansEntergy said Wednesday that it is slowly adding power back to New Orleans, and the pace of that work will determine how quickly the regionโs important oil refineries can restart operations that were shut down by Hurricane Ida.
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Judge says railroad talks should be included in lawsuits
Read full article: Judge says railroad talks should be included in lawsuitsFILE- In this July 31, 2018, file photo a Union Pacific train travels through Union, Neb. โ A federal judge has ruled that the details of conversations between the nation's four largest railroads should be included in lawsuits challenging billions of dollars of charges the railroads imposed in the past. The lawsuits say the railroads conspired to boost prices starting in 2003 by imposing coordinated fuel surcharges and pocketing billions of dollars in profits. In the lawsuits, the railroads have argued that their fuel surcharges were legal and were simply designed to recover the skyrocketing cost of fuel at the time. Union Pacific, which is based in Omaha, Nebraska, plans to continue โvigorously defending itself against the allegations in these lawsuits,โ spokeswoman Elizabeth Graham said.

Railroads to renew push for one-man crews
Read full article: Railroads to renew push for one-man crews- The biggest U.S. freight railroads appear ready to renew their push to reduce their crews to one person from the current two-man operation used at major railroads now. Labor agreements requiring two-person crews have been in place for roughly 30 years at the major railroads, although many short-line railroads operate with one-man crews already. Earlier this year, the Federal Railroad Administration abandoned a proposed rule to require two-man crews because it said there wasn't enough evidence to show they are safer. All the major railroads are required to have those systems operating by the end of 2020. The railroad industry has emphasized that crash data doesn't show that two-man crews are safer than one-person crews.
