Rail News Home Norfolk Southern Railway 10/25/2021 Rail News: Norfolk Southern Railway
NS filed the suit against the International Association of Sheet Metal, Air, Rail, and Transportation Workers and two other unions that represent its employees. Photo – nscorp.com
Railroad News
Oct
25
Oct
25
Norfolk Southern Railway last week filed a lawsuit that seeks to stop several labor unions from suing over the Class I’s COVID-19 vaccine mandate.
Last week, NS, represented by Jones Day, field a petition in Chicago federal court claiming the unions’ objections to the vaccine requirement must be brought in arbitration and not in court, according to a Reuters report.
Oct
21
Rail News Home CSX Transportation 10/21/2021 Rail News: CSX Transportation
CSX Corp. yesterday announced third-quarter 2021 net earnings of $968 million, or 43 cents per share, compared to $736 million, or 32 cents per share in the same period last year.CSX posted an operating ratio of 56.4% in Q3 2021 compared to 56.9% in the prior year period, CSX officials said in a press release.Revenue for quarter climbed 24% from the prior year to $3.29 billion, driven by growth across all business lines, increases in other revenue and the inclusion of Quality Carriers’ results.Operating income improved 26% to $1.44 billion for the quarter."I want to thank all of CSX’s railroaders for their continued dedication to our customers amidst the combination of ongoing supply chain disruptions and challenges presented by the COVID-19 Delta variant this quarter," said President and CEO James Foote. "We are committed to helping our customers overcome current supply chain constraints and will continue to take action in order to keep our network fluid and design new solutions that enable the delivery of critical goods to millions of Americans."
CSX Corp. yesterday announced third-quarter 2021 net earnings of $968 million, or 43 cents per share, compared to $736 million, or 32 cents per share in the same period last year.CSX posted an operating ratio of 56.4% in Q3 2021 compared to 56.9% in the prior year period, CSX officials said in a press release.Revenue for quarter climbed 24% from the prior year to $3.29 billion, driven by growth across all business lines, increases in other revenue and the inclusion of Quality Carriers’ results.Operating income improved 26% to $1.44 billion for the quarter."I want to thank all of CSX’s railroaders for their continued dedication to our customers amidst the combination of ongoing supply chain disruptions and challenges presented by the COVID-19 Delta variant this quarter," said President and CEO James Foote. "We are committed to helping our customers overcome current supply chain constraints and will continue to take action in order to keep our network fluid and design new solutions that enable the delivery of critical goods to millions of Americans."