Bill Stephens

Class I railroads can continue business as usual and watch their earnings stagnate and profitability fall as their freight volume declines through 2030. Or they can make meaningful service improvements, become easier for customers to deal with, and launch new intermodal services that capture freight from trucks. Adopting a successful growth strategy will boost revenue, [...]Read More...

The union representing Canadian National and Canadian Pacific Kansas City engineers and conductors in Canada has authorized a strike vote as labor and management remain far apart on new contracts. Leaders of the Teamsters Canada Rail Conference told their members on Thursday that a strike vote will be held from April 8 to May 1. [...]Read More...

WASHINGTON — The U.S. Environmental Protection Agency will hold a public hearing next week on proposed California regulations that would require the use of zero-emissions locomotives in the state beginning in 2030. The California Air Resources Board approved the so-called in-use locomotive regulation last year. The EPA must review California regulations that exceed federal regulations; [...]Read More...

VIDALIA, Ga. – Railroad labor union leaders today urged the Federal Railroad Administration to reject or at least severely restrict a proposal that would allow a pair of Genesee & Wyoming short lines to conduct intensive tests of Parallel Systems autonomous, self-propelled battery-electric freight cars. The Heart of Georgia and Georgia Central railroads last year [...]Read More...

FORT WORTH, Texas — BNSF Railway eliminated several hundred management positions at its headquarters and across the system last week as part of a belt-tightening move. The railroad did not disclose how many jobs were affected, but people familiar with the matter say that BNSF cut 8% of its management workforce. That would translate into [...]Read More...

Associations representing railroad shippers say they’re concerned about Ancora Holdings’ proxy battle at Norfolk Southern, fearing that the activist investors will put an emphasis on boosting short-term profits at the expense of service. “Seems as if NS is making strides on improving service which, to a certain degree, means abandoning some of the Precision Scheduled [...]Read More...

The proxy battle that activist investor Ancora Holdings is waging against Norfolk Southern isn’t just about the direction NS should take and who should run the company. It’s a fight for the future of the railroad industry. The Cleveland-based activist investor seems to be taking the position that railroads shouldn’t grow. They argue that intermodal, [...]Read More...

Nearly three years after Amtrak said it would launch Gulf Coast service with or without host railroad cooperation, its passenger trains still are not running between Mobile, Ala., and New Orleans. And as the saga drags on you have to wonder if they ever will. After years of frustration with CSX, Amtrak in 2021 took [...]Read More...

WASHINGTON — Surface Transportation Board Chairman Martin J. Oberman says he’s concerned about reports that an activist investor plans to launch a proxy fight to oust Norfolk Southern CEO Alan Shaw. “Is this an investor whose goal it is to reinstate the bad old days when the marching orders to the C-suite were to cut, [...]Read More...

ATLANTA — Norfolk Southern told employees today that it will eliminate 7% of its management and staff positions as a cost-cutting move. The railroad is set to publicly announce the cutbacks during its fourth-quarter earnings call on Friday morning. NS is offering voluntary severance packages to eligible employees, according to people familiar with the matter. [...]Read More...

It’s hard to say when a trend becomes a trend. But yesterday’s announcement that Canadian National will acquire the 253-mile Iowa Northern Railway suggests that short lines and regionals getting gobbled up by Class I railroads is now a thing. Since 2020, Class I railroads have reached a half-dozen deals with short lines and regional [...]Read More...

Railroad employees picket outside the North American Rail Shippers conference in Kansas City on May 10, 2022. Trains: David Lassen WASHINGTON — President Joe Biden today signed legislation averting a railroad strike that would have shut down the national freight network and snarled Amtrak and commuter service. “Our nation’s rail system is literally the backbone [...]Read More...

Trains columnist Bill Stephens writes an article to answer the question: What is Precision Scheduled Railroading?

CULVER CITY, Calif. — Union Pacific has expressed interest in a new autonomous battery-electric intermodal car concept developed by a group headed by three former Space X engineers. The concept under development by Parallel Systems would see intermodal containers carried by pairs of powered battery-electric wheelsets, moving in “platoons” of cars, but capable of splitting [...]Read More...