Government, Business, Safety

Union Pacific’s New CEO Won’t Rule Out Cuts

OMAHA, Neb. — Union Pacific’s new CEO, Jim Vena, says he won’t shy away from cuts, but no one should expect the kind of sweeping changes he made when he first oversaw operations a few years ago.

Josh Funk | Associated Press
September 13, 2023
Government, Business, Safety

Federal Railroad Inspectors Find Defects at Union Pacific

OMAHA, Neb. — Federal inspectors said they found an alarming number of defects in the locomotives and railcars Union Pacific was using at its railyard in western Nebraska this summer.

Josh Funk | Associated Press
September 11, 2023
Government, Business, Logistics

STB Rule May Help Boost Competition for Railroad Shipments

OMAHA, Neb. — Companies that have plants served by only one railroad may soon be able to get a bid from another railroad if their service is bad enough under a new rule that was proposed Sept. 7.

Josh Funk | Associated Press
September 8, 2023
Government, Business, Technology, Safety

Railroads Resist Joining Safety Hotline

OMAHA, Neb. — The freight railroads say a disagreement over whether they will be allowed to discipline some workers who use a safety hotline has kept them from joining the program.

Josh Funk | Associated Press
August 25, 2023
Government, Business, Safety, Logistics

FRA Finds Norfolk Southern ‘Should Be Doing More’ on Safety

OMAHA, Neb. — Norfolk Southern made recent improvements but is nowhere near the “gold standard for safety” it is striving to be, according to federal regulators.

Josh Funk | Associated Press
August 9, 2023
Government, Business

BNSF Train Engineers Offered Paid Sick Time

OMAHA, Neb. — Roughly 7,500 BNSF train engineers may soon get up to eight days of paid sick time and more certainty about their days off if they approve a new deal with the railroad.

Josh Funk | Associated Press
August 2, 2023
Business, Safety

Norfolk Southern Says Derailment Cost Soars to $803 Million

OMAHA, Neb. — The costs associated with Norfolk Southern’s fiery February derailment in Ohio have more than doubled to $803 million as the railroad works to clean up the mess.

Josh Funk | Associated Press
July 27, 2023
Business, Logistics

Union Pacific Brings Back Jim Vena as CEO

OMAHA, Neb. — Union Pacific on July 26 hired Jim Vena as CEO as the company cut its outlook after reporting disappointing results driven by weakening consumer demand and higher labor costs.

Josh Funk | Associated Press
July 26, 2023
Business, Logistics

CSX’s Q2 Profit Falls 15% Annually

OMAHA, Neb. — Fewer shipping container deliveries this spring hurt CSX railroad’s second-quarter profit and offset a sharp increase in shipments of automobiles.

Josh Funk | Associated Press
July 21, 2023
Government, Business, Safety

Union Pacific to Renew Push for One-Person Crews

OMAHA, Neb. — Union Pacific will renew its push for one-person train crews when the railroad tests the idea of having a conductor in a truck respond to problems in Nebraska and Colorado.

Josh Funk | Associated Press
July 18, 2023