Rail News Home Norfolk Southern Railway 8/16/2021 Rail News: Norfolk Southern Railway
Norfolk Southern Railway late last week announced plans to reopen its intermodal facility in Greencastle, Pennsylvania, to create capacity to support economic growth and help ease supply-chain congestion that has slowed the flow of commerce across all modes of the U.S. transportation sector.Effective Sept. 10, the railroad plans a gradual phase-in of business at the Franklin County Regional Intermodal Facility, starting with domestic intermodal traffic that currently moves between NS intermodal facilities in Memphis, Tennessee, and Rutherford in south-central Pennsylvania. Greencastle will provide additional terminal capacity and help to improve service as demand continues to grow, NS officials said in a press release."With strong growth in volume driven by e-commerce and a recovering economy, we believe the timing is right to bring our Greencastle facility back online," said Executive Vice President and Chief Marketing Officer Alan Shaw.NS opened the Greencastle facility in January 2013 as part of its Crescent Corridor initiative, a public-private partnership designed to convert freight from highway to rail to ease congested roadways and reduce carbon emissions while creating opportunities for jobs and economic development.Under the initiative, the railroad also constructed intermodal terminals in Birmingham, Alabama; Charlotte, North Carolina; and Memphis. The railroad idled the Greencastle terminal in 2019 for business reasons, while leaving open the possibility of resuming operations if market conditions changed, NS officials said.
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Aug
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It didn’t take long for Kansas City Southern’s board to consider Canadian Pacific’s sweetened merger offer.
Just two days after CP presented the higher bid, KCS’ board determined it doesn’t constitute a “superior proposal” to CN’s competing bid and could not reasonably be expected to lead to a superior proposal. The board came to that conclusion following a “careful and thorough review” in consultation with outside financial and legal advisors, KCS officials said in a press release.
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Rail News Home Union Pacific Railroad 8/12/2021 Rail News: Union Pacific Railroad
Union Pacific Railroad recently uploaded its certified equal employment opportunity-1 (EEO-1) reports from 2018, 2019 and 2020 onto its website.The data supplements quarterly workforce reports and UP’s annual “Building America’ report, which shows the demographic composition of the railroad’s workforce and highlights diversity and inclusion (D&I) efforts.The Class I aims to attract and retain a diverse workforce to access the broad skills, character and perspectives it needs to foster innovative ideas and help customers compete on a global playing field, UP officials said in a press release."Transparency is a key objective if we want to move the needle. Our managers must understand the best way to unleash the full potential of our workforce is to embrace diversity and lead diverse teams,” said UP Executive Vice President and Chief Human Resource Officer Beth Whited. “These reports help us know where we are today and guide us as we move forward and identify solutions to help us achieve our D&I goals."EEO-1 reports are based on employee self-identification and on categories that are applied uniformly across industries to ensure consistency. The D&I quarterly report and Building America report show results based on the way UP is structured as a company and include active employees, which better reflects the human resources available to the company, UP officials said.In addition, the D&I and Building America reports provide minority data as one measurement while EEO-1 reports break down minority data into different employee groups.
Union Pacific Railroad recently uploaded its certified equal employment opportunity-1 (EEO-1) reports from 2018, 2019 and 2020 onto its website.The data supplements quarterly workforce reports and UP’s annual “Building America’ report, which shows the demographic composition of the railroad’s workforce and highlights diversity and inclusion (D&I) efforts.The Class I aims to attract and retain a diverse workforce to access the broad skills, character and perspectives it needs to foster innovative ideas and help customers compete on a global playing field, UP officials said in a press release."Transparency is a key objective if we want to move the needle. Our managers must understand the best way to unleash the full potential of our workforce is to embrace diversity and lead diverse teams,” said UP Executive Vice President and Chief Human Resource Officer Beth Whited. “These reports help us know where we are today and guide us as we move forward and identify solutions to help us achieve our D&I goals."EEO-1 reports are based on employee self-identification and on categories that are applied uniformly across industries to ensure consistency. The D&I quarterly report and Building America report show results based on the way UP is structured as a company and include active employees, which better reflects the human resources available to the company, UP officials said.In addition, the D&I and Building America reports provide minority data as one measurement while EEO-1 reports break down minority data into different employee groups.