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Railroad Workers Were Ready to Strike. Now They're Fighting to Save Their CEO.

An activist investor seeks to oust Norfolk Southern’s top leaders, but labor groups are rallying amid concerns about potential cost cuts. An activist investor seeks to oust Norfolk Southern’s top leaders, but labor groups are rallying amid concerns about potential cost cuts. FOLLOW US ON GOOGLE NEWS Read original article here Denial of responsibility! Techno Blender is an automatic aggregator of the all world’s media. In each content, the hyperlink to the primary source is specified. All trademarks belong to…

The new drivers of railroad innovation

The profound impact of Artificial Intelligence (AI) on daily life, with a particular emphasis on an industry often overlooked in this technological revolution—the railroad sector.The profound impact of Artificial Intelligence (AI) on daily life, with a particular emphasis on an industry often overlooked in this technological revolution—the railroad sector. In this rapidly evolving landscape, railroads have seamlessly integrated AI and Machine Learning into their operations, fundamentally transforming their functionality.…

Xcel Energy-Colorado’s location of new substation raises questions

With more renewable energy going on the grid and more vehicles and homes turning all-electric, Colorado utilities and regulators are planning more transmission lines and equipment to handle the increasing demands. But questions about the location of new electric substations, which convert high-voltage electricity to power for homes and businesses, have come up after Xcel Energy-Colorado revealed plans for a substation in Denver’s Elyria-Swansea neighborhood. The area is already home to several industrial sites, some of…

Safety warning unheeded, NTSB says

Cleanup efforts continue on portions of a Norfolk Southern freight train that derailed in East Palestine, Ohio, Feb. 9, 2023.Gene J. Puskar | APNorfolk Southern supervisors didn't address an engineer's safety concerns before a train loaded with toxic chemicals derailed in East Palestine, Ohio in February, according to findings released Thursday from a National Transportation Safety Board investigation.The day before the train derailed, an engineer in Decatur, Illinois, had voiced his concern about the size of the train to…

New San Clemente landslide again closes railroad to San Diego

A new landslide at San Clemente has stopped all rail traffic at a spot two miles north of where the Orange County Transportation Authority recently suspended passenger trains for almost six months and spent more than $13.7 million to stabilize a different slope.The closure suspends all Metrolink and Amtrak passenger service and BNSF freight service between San Diego and Orange counties. Coaster commuter trains between Oceanside and San Diego are not affected. It is the latest in a string of rail closures, prompted by a…

Norfolk Southern handled train derailment ‘terribly’

Billionaire investor Warren Buffett said Norfolk Southern botched the response to its East Palestine, Ohio, train derailment in February, an accident that spilled toxic chemicals into the environment."I think they've handled it terribly," the Berkshire Hathaway chairman and CEO said Wednesday in an interview with CNBC's Becky Quick from Tokyo on "Squawk Box."Buffett, whose BNSF Railway competes with Norfolk Southern, said Norfolk was "tone deaf" for its handling of the Feb. 3 derailment in Ohio."I don't think they're…

Norfolk Southern adjusts train safety after third derailment

This photo taken with a drone shows the continuing cleanup of portions of a Norfolk Southern freight train that derailed Friday night in East Palestine, Ohio, Thursday, Feb. 9, 2023.Gene J. Puskar | APHours after a 28-car Norfolk Southern train derailed Saturday in Springfield, Ohio — the third incident for the freight railroad in just over a month, including the toxic disaster in East Palestine, Ohio — internal emails show railroad officials making broad safety adjustments for rail cars.An internal Norfolk Southern email…

Ohio Train Derailment Misinformation Is Hurting East Palestine, Railroad CEO Says

In late January, Alan Shaw, the chief executive of Norfolk Southern Corp. , touted the railroad’s financial performance and rising cargo volumes. “Service is at the best it’s been in more than two years, and customers are noticing,” he told investors. The following week, Mr. Shaw was getting alerts that a Norfolk Southern freight train carrying hazardous chemicals had derailed near the Ohio-Pennsylvania border, setting off a crisis that has put intense scrutiny on the railroad’s operations and its…

From 1800s railroad companies to big tech, California has an anti-monopoly streak

Help us make Essential California serve you better. Take this survey.Good morning, and welcome to the Essential California newsletter. It’s Thursday, Jan. 26.“Hey, Google, are you a monopoly?”The government’s answer is yes.This week the U.S. Department of Justice, joined by California and seven other states, sued the tech giant, alleging it has an illegal stranglehold on online advertising.The company “used anticompetitive, exclusionary, and unlawful means to eliminate or severely diminish any threat to its dominance over…