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Articles for Railroads, search results for joe

CSX profit slipped as the railroad scrambled to respond to Baltimore bridge collapse
5 months ago

CSX profit slipped as the railroad scrambled to respond to Baltimore bridge collapse

Associated Press  

CSX railroad’s second-quarter profit slipped 2% — even though the volume of its shipments was up by the same rate — as it scrambled to respond to the Baltimore bridge collapse in March that disrupted coal exports. “I am proud of our railroad’s performance, including our team’s effective response to the disruptions at the Port of Baltimore,” CSX CEO Joe …

Port Baltimore Railroad Csx Hinrichs
Norfolk Southern agrees to $600M settlement in fiery Ohio derailment. Locals fear it’s not enough
9 months ago

Norfolk Southern agrees to $600M settlement in fiery Ohio derailment. Locals fear it’s not enough

Associated Press  

Norfolk Southern has agreed to pay $600 million in a class-action lawsuit settlement for a fiery February 2023 train derailment in Ohio, but residents worry the money not only won’t go far enough to cover future health needs that could be tremendous but also won’t amount to much once divvied up. East Palestine resident Krissy Ferguson called the settlement a …

Settlement Palestine Ohio Million Residents Southern Norfolk
CSX 4Q profit slips but railroad keeps its trains running smoothly and predicts profitable 2024
11 months, 2 weeks ago

CSX 4Q profit slips but railroad keeps its trains running smoothly and predicts profitable 2024

Associated Press  

CSX’s fourth quarter profit slipped 13%, but the railroad hauled slightly more freight and kept its trains running smoothly. CSX CEO Joe Hinrichs said that he’s feeling pretty good about demand in several key sectors heading into this year. Edward Jones analyst Jeff Windau said in a research note that CSX has a reputation for being very efficient, and he …

Safety Trains Congress Quarter Railroad Csx Hinrichs
India, US, Saudi Arabia discuss infrastructure deal involving railroads and ports: Sources
1 year, 4 months ago

India, US, Saudi Arabia discuss infrastructure deal involving railroads and ports: Sources

India TV News  

The leaders of India, the United States, Saudi Arabia and a few other nations are in talks on a possible infrastructure deal involving railroads and ports, Reuters reported citing sources. According to sources privy to the development, the deal could reconfigure trade between the Gulf and South Asia, linking Middle Eastern countries by railways and connecting to India by port. …

India China Infrastructure Saudi Arabia G20 Israel Saudi
CSX railroad’s 1Q profit jumps 15% on higher rates
1 year, 8 months ago

CSX railroad’s 1Q profit jumps 15% on higher rates

Associated Press  

— CSX hauled in 15% more profit in the first quarter as the railroad’s higher rates and fuel surcharges offset its higher costs. CEO Joe Hinrichs said the railroad’s service improved in the quarter as CSX cut down on the number of delays many shippers had complained about over the past year. Windau said CSX did “a really nice job …

Csx Railroad Employees Hinrichs
Buttigieg urges safety changes after fiery Ohio derailment
1 year, 10 months ago

Buttigieg urges safety changes after fiery Ohio derailment

Associated Press  

— Transportation Secretary Pete Buttigieg wants the nation’s freight railroads to immediately act to improve safety while regulators try to strengthen safety rules in the wake of a fiery derailment in Ohio that forced evacuations when toxic chemicals were released and burned. They have obviously fought regulations in the past, but I think they are running out of excuses here.” …

Safety Congress Ohio Biden Southern Norfolk Rule
Biden Calls On Congress To Head Off Potential Rail Strike
2 years, 1 month ago

Biden Calls On Congress To Head Off Potential Rail Strike

Huff Post  

LOADING ERROR LOADING OMAHA, Neb. — President Joe Biden on Monday called on Congress to pass legislation to intervene and block a railroad strike before next month’s deadline in the stalled contract talks. A coalition of more than 400 business groups sent a letter to Congressional leaders Monday urging them to step into the stalled talks because of fears about …

Contract Congress Strike Workers House Biden Talks
Large rail union rejects deal, renewing strike possibility
2 years, 3 months ago

Large rail union rejects deal, renewing strike possibility

Associated Press  

— The U.S.'s third largest railroad union rejected a deal with employers Monday, renewing the possibility of a strike that could cripple the economy. Union President Tony Cardwell said the railroads didn’t do enough to address the lack of paid time off — particularly sick time — and working conditions after the major railroads eliminated nearly one-third of their jobs …

Strike Workers Union Rail Working Paid Unions
Tentative labor deal averts threat of nationwide rail strike
2 years, 3 months ago

Tentative labor deal averts threat of nationwide rail strike

Associated Press  

WASHINGTON — Rail companies and their workers reached a tentative agreement Thursday to avert a nationwide strike that could have shut down the nation’s freight trains and devastated the economy less than two months before the midterm elections. Joined in the Oval Office by business and union leaders, a beaming Biden joked that he was surprised everyone was “still standing” …

Business Labor White House Workers Union Biden Chen
Biden Says Tentative Railway Labor Agreement Reached
2 years, 3 months ago

Biden Says Tentative Railway Labor Agreement Reached

Huff Post  

LOADING ERROR LOADING WASHINGTON — Rail companies and their workers reached a tentative agreement Thursday to avert a nationwide strike that could have shut down the nation’s freight trains and devastated the economy less than two months before the midterm elections. Joined in the Oval Office by business and union leaders, a beaming Biden joked that he was surprised everyone …

Business Labor White House Strike Workers Union Biden
3 of 12 rail unions announce tentative deal with 24% raises
2 years, 4 months ago

3 of 12 rail unions announce tentative deal with 24% raises

Associated Press  

— Three of the 12 unions negotiating with the nation’s biggest freight railroads have reached a tentative deal which will deliver 24% pay raises, in line with what a special presidential panel of arbitrators recommended earlier this month to resolve the stalemate before a strike could happen. The tentative five-year deal announced Monday covers more than 15,000 members of the …

Deal Unions Railroads Tentative Deal Rail Union 24 Raises
Biden intervenes in railroad contract fight to block strike
2 years, 5 months ago

Biden intervenes in railroad contract fight to block strike

Associated Press  

— President Joe Biden on Friday blocked a freight railroad strike for at least 60 days by naming a board of arbitrators to intervene in the contract dispute, averting action that could have disrupted all kinds of shipments. The president wrote in an executive order naming the arbitrators that he’d “been notified by the National Mediation Board that in its …

Contract Strike Workers Biden Rail Both Sides Unions
Biden averts freight railroad strike - for now
2 years, 5 months ago

Biden averts freight railroad strike - for now

CNN  

New York CNN Business — Worried about supply chain problems that are already causing problems for the nation’s economy, President Joe Biden took action Friday to prevent 115,000 US railroad workers from going on strike as planned early Monday morning, A strike would have brought nearly 30% of the nation’s freight to a screeching halt. Only at the end of …

Labor Congress Strike Workers Biden Pierce Unions
Deadline to block freight rail strike looms before Biden
2 years, 5 months ago

Deadline to block freight rail strike looms before Biden

Associated Press  

— The deadline for President Joe Biden to intervene and keep 115,000 railroad workers from going on strike and disrupting deliveries of cars, crops, containers of imported goods and countless other products and raw materials is looming. The National Carriers’ Conference Committee that represents Union Pacific, BNSF, CSX, Norfolk Southern, Kansas City Southern and other railroads said it believes the …

Contract Strike Workers Biden Rail Railroads Railroad
Railroad talks stall, so Biden likely to pick review board
2 years, 6 months ago

Railroad talks stall, so Biden likely to pick review board

The Independent  

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Railroad talks stall, so Biden likely to pick review board
2 years, 6 months ago

Railroad talks stall, so Biden likely to pick review board

Associated Press  

— Railroad contract talks remain deadlocked after more than two years of negotiations, so President Joe Biden will likely soon have to appoint a board to help settle the dispute. The National Mediation Board determined Tuesday that mediation isn’t working in the joint talks that cover roughly 140,000 workers in 13 unions at the biggest freight railroads. “The railroads have …

Board Workers Union Biden Rail Unions Railroads
‘Amtrak Joe’: Will Biden’s infrastructure plan revive railroads?
3 years, 8 months ago

‘Amtrak Joe’: Will Biden’s infrastructure plan revive railroads?

Al Jazeera  

US President Joe Biden wants to spend big on upgrading the nation’s rail system, but critics say some of the proposals are wasteful ‘train envy’. Yet Pete Buttigieg, Biden’s transportation secretary, has said high-speed rail is a “no-brainer” and that Americans should have the same quick trains as Japan, China, Italy and the United Kingdom. Amtrak CEO Bill Flynn said …

Transportation Infrastructure White House Biden President Marty Peterson