Railroad News

CSX yesterday released its 2021 environmental, social and governance (ESG) report on the company’s economic, workforce, environmental, social and governance performance.

The report details progress made against CSX's 2030 environmental goals, including achieving a 15.6% reduction in Scope 1 and 2 emissions intensity since 2014 and piloting alternative fuels and engine enhancements to reduce fuel burn and overall emissions from locomotives.

The Bettendorf, Iowa, City Council last week approved a $3 million agreement with Canada Pacific that would address noise and safety concerns if CP's merger with Kansas City Southern receives federal approval.

CP would pay the $3 million within 60 days of the Surface Transportation Board’s approval of the merger, the Quad-City Times reported last week. The merger plan is currently under the board’s review.

Canadian Pacific yesterday announced it has joined the United Nations Global Compact, a voluntary leadership platform for the development, implementation and disclosure of socially responsible business practices.

The Class I is the first freight-rail company in North America to participate in the compact, CP officials said in a press release. Launched in 2000, it is the largest corporate sustainability initiative in the world, with more than 15,000 participating companies in more than 160 countries.