Rail News Home CSX Transportation 5/13/2022 Rail News: CSX Transportation
CSX has presented its Chemical Safety Excellence Award to 65 customers for their "outstanding contribution" to the safe transportation of hazardous materials in 2021.The awards were presented to companies that shipped at least 600 carloads of hazardous materials with CSX during the year without a hazmat release due to controllable factors.Representing a wide range of industry segments, the winning companies shipped over 185,000 carloads of hazardous materials on the Class I's network in 2021.CSX gave special recognition to global chemical company Kemira, which led all hazard materials shippers with 21 consecutive years as a CSX award winner.Also receiving special recognition were ExxonMobil Chemical Co. and Messer North America, which reached their 10-consecutive-year milestone as award winners; and Americas Styrenics, Ascend Performance Materials and Shintech, which reached five consecutive years without a nonaccidental release.The full list of award winners can be read here.
Railroad News
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Rail News Home Union Pacific Railroad 5/12/2022 Rail News: Union Pacific Railroad
The Class I's Mexican franchise was created May 8, 1992. Photo – UP
The Class I's Mexican franchise was created May 8, 1992. Photo – UP
Union Pacific Railroad this week marked the 30th anniversary of Union Pacific de Mexico, the Class I's Mexican franchise that was created on May 8, 1992.
UP has been a "protagonist of growth" amid increased trade between the United States and Mexico in segments including beer, grain, automotive, appliances, metals, coal and finished fuels, wrote Vice President of Mexico, Marketing and Sales Beto Vargas Garcia on UP's Inside Track website. The Class I began doing business in Mexico two years before the North American Free Trade Agreement went into effect in 1994, when Mexico's rail industry was privatized.
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Rail News Home Norfolk Southern Railway 5/12/2022 Rail News: Norfolk Southern Railway
NS was the first Class I to issue green bonds. Photo – nscorp.com
NS was the first Class I to issue green bonds. Photo – nscorp.com
Norfolk Southern Corp. yesterday reported on projects funded by $500 million in green bonds the company issued in 2021.
NS was the first Class I to issue green bonds. The company allocated $496 million in net proceeds from its green bonds to fund eligible projects as defined under the NS Green Financing Framework.
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Rail News Home CSX Transportation 5/12/2022 Rail News: CSX Transportation
A rendering of the future Novelis plant, which will be served by CSX. Photo – novelis.com
A rendering of the future Novelis plant, which will be served by CSX. Photo – novelis.com
CSX will provide rail transportation to Novelis Inc.’s future $2.5 billion aluminum recycling and rolling plant in Bay Minette, Alabama, the Class I announced yesterday.
The low-carbon facility will be the first fully integrated aluminum mill built in the United States in 40 years, CSX officials said in a press release.