Month: July 2021

FRA Issues Final Rule on Revised PTC Reporting

Written by William C. Vantuono, Editor-in-Chief for railwayage.com Effective Aug. 26, 2021, the Federal Railroad Administration is revising regulations governing changes to Positive Train Control (PTC) systems and reporting on PTC system performance.  “Recognizing that the railroad industry intends to enhance FRA-certified PTC systems to continue improving rail safety and PTC technology’s reliability and operability […]

Machinists Union Fighting for Local 778 Members at Missouri Olin Winchester Ammunition Plant

IAM International President Robert Martinez Jr. recently sent a letter to U.S. House and Senate appropriators, urging them to reject a Biden administration budget proposal that would cut funding for U.S. Army ammunitions and threaten the jobs of IAM Local 778 members at the Olin-Winchester Lake City Army Ammunition Plant (LCAAP) in Independence, MO. Martinez urged Congress to […]

PSR: Can We Please Be Honest Here?

Written by Matt Parker for railwayage.com Editor’s Note: This opinion piece is in response to my invitation for “reasonable, fact-based, non-political opinions on Precision Scheduled Railroading by experienced railroaders from both the agreement and non-agreement sectors, to encourage discussion,” in response to “PSR Point/Counterpoint: Fortune,” published July 22 – William C. Vantuono An Oct. 3, 2018 article […]

STB asks Class I railroads to explain ‘substantial’ demurrage fees

By Edwin Lopez for supplychaindrive.com Dive Brief: The Surface Transportation Board on Friday sent a letter to the CEOs of seven Class I railroads asking them to explain their demurrage policies amid reports of congestion and “sizeable storage fees.” “I am particularly troubled about reports that Class I railroads are continuing to impose these charges […]

Shortage of Railroad Workers Threatens Recovery

Struggle to bring crews back draws scrutiny from regulators, who were already concerned about lean operations By Paul Ziobro for wsj.com America’s freight railroads are struggling to bring back workers, contributing to a slowdown in the movement of chemicals, fertilizer and other products that threatens to disrupt factory operations and hinder a rebound from the […]

Edward Thomas Spencer 1957-2021

Edward Thomas Spencer, 64, of Granite City, IL died on Monday, July 19, 2021 at his home.  He was born on March 16, 1957 to Boyd and Glenna Spencer.  Edward married Yon Song in Lancaster, CA on October 25, 1983.  The U.S. Air Force veteran was retired from the Union Pacific Railroad after 30 years […]

Marvin Wayne Jinkerson 1934-2021

Marvin Wayne Jinkerson was born May 16, 1934 in Washington County, Missouri, the son of Ivan Cecil Jinkerson and Dorothy Ann (Turner) Jinkerson. He passed to the loving arms of Jesus, on July 15, 2021 at Crystal Oaks Skilled Nursing in Festus, Missouri at the age of 87. Marvin was preceded in death by his […]

Wall Street is boosting profits in railroads with new technology. But it’s ignoring the drawbacks

Freight rail doesn’t function without a strong workforce. BY PETER DEFAZIO for fortune.com In a commentary published in Fortuneearlier this month, Ike Brannon and Michael F. Gorman took great liberties in trying to debunk my concerns with precision scheduled railroading (PSR). Please allow me to set the record straight. I have served on the U.S. […]

U.S. railroad operator Union Pacific’s quarterly profit jumps 59%

Story published by reuters.com July 22 (Reuters) – Top U.S. railroad operator Union Pacific Corp (UNP.N) reported a 59% jump in its quarterly profit on Thursday, as it shipped more industrial chemicals, metals, petroleum, and liquefied petroleum gas. The company’s net income for the second quarter, that ended on June 30, rose to $1.798 billion from $1.13 […]

CSX profit more than doubled as railroad hauled 27% more

The number of shipments CSX delivered jumped in every category of freight compared to a year ago From the Associated Press CSX railroad’s second-quarter profit more than doubled as the economy continued to rebound from the depths of the coronavirus pandemic and it hauled 27% more freight than a year ago. The Jacksonville, Florida-based railroad said Wednesday that it earned $1.17 […]

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