Rail News Home Federal Legislation & Regulation 3/5/2018 Rail News: Federal Legislation & Regulation Trump nominates Fuchs, Schultz to serve on STB President Donald Trump last week nominated Patrick Fuchs and Michelle Schultz to serve five-year terms on the Surface Transportation Board (STB).Fuchs, of Wisconsin, is a senior professional staff member working on surface transportation…
Posts published in March 2018
NIZHNY TAGIL, Russia (AP) — Yevgeny Solozhnin, a 61-year-old welder and Vladimir Putin supporter, is looking for a telephone number to call the Russian president and complain about the harsh wage cuts that halved his paycheck at the state tank and railroad car plant. Solozhnin doesn't blame Putin for this, he just wonders if Putin…
NIZHNY TAGIL, Russia (AP) — Yevgeny Solozhnin, a 61-year-old welder and Vladimir Putin supporter, is looking for a telephone number to call the Russian president and complain about the harsh wage cuts that halved his paycheck at the state tank and railroad car plant. Solozhnin doesn't blame Putin for this, he just wonders if Putin…
Scotland@ * Red weather warnings in Scotland, Ireland and England * Worst weather in Britain since 1991 * Flights delayed, trains cancelled, roads blocked * Ireland braces for worst snow since 1982 * National grid say buying extra gas as demand soars (Updates with cancellations, closures, details from Europe) EDINBURGH/DUBLIN, March 1 (Reuters) - Snow…
approaches@ * Red weather warnings in Scotland, Ireland and England * Worst weather in Britain since 1991 * Flights delayed, trains cancelled, roads blocked * Ireland braces for worst snow since 1982 * National grid say buying extra gas as demand soars (Updates with Irish PM warning) EDINBURGH/DUBLIN, March 1 (Reuters) - Snow storms from…
(Adds share price) March 1 (Reuters) - U.S. railroad operator CSX Corp said on Thursday at its first investor day since the death of former Chief Executive Hunter Harrison that more cuts to jobs, rail cars and locomotives were key to its three-year plan for boosting profitability and streamlining operations. Harrison, cherished by investors for…
(Recasts, adds details on CSX cuts to jobs, rolling stock, paragraphs 10-11) March 1 (Reuters) - U.S. railroad operator CSX Corp said on Thursday at its first investor day since the death of former Chief Executive Hunter Harrison that more cuts to jobs, rail cars and locomotives were key to its three-year plan for boosting…
(Recasts first sentence, updates share price) March 1 (Reuters) - U.S. railroad operator CSX Corp said on Thursday it would stick with a plan started by former Chief Executive Hunter Harrison, who died in December, to boost profit through cutting jobs and rail cars. Harrison, an investor favorite for leading turnarounds of Canada's two major…
A 25 percent steel tariff means the price of steel will rise. CSX railways will pass along that price to its customers, says CEO Jim Foote. "Over time that cost, like everything, gets passed on," he says. A bigger concern for the company, he says, is the future of NAFTA. show chapters CSX CEO: Tariffs…