Today: September 21, 2024
Today: September 21, 2024

Latest From JOSH FUNK

News|Technology

Railroads and regulators must address the dangers of long trains, report says

A new report says the U.S. has seen an increase in the number of a certain kind of derailment related to the forces created when railcars push and pull against each other as freight trains have gotten longer

Railroads and regulators must address the dangers of long trains, report says
Business|Finance

Norfolk Southern sets salary and bonus for newly promoted CEO after firing Alan Shaw

Norfolk Southern said Thursday that its new CEO’s salary will jump to $1 million now that Mark George has been promoted from chief financial officer, and he will be eligible for a $2.25 million bonus and significant stock awards for performance

Norfolk Southern sets salary and bonus for newly promoted CEO after firing Alan Shaw
Business

Norfolk Southern fires CEO Alan Shaw for an inappropriate relationship with an employee

Norfolk Southern says it has fired CEO Alan Shaw for having an inappropriate relationship with a subordinate

Norfolk Southern fires CEO Alan Shaw for an inappropriate relationship with an employee
Crime|News

Omaha school shooting began with a fight between 2 boys, court documents say

Court documents say the shooting that critically injured a 15-year-old at an Omaha high school began with a physical fight between two boys before one used a gun hidden inside his hoodie to shoot the other in the stomach

Omaha school shooting began with a fight between 2 boys, court documents say
Crime|News|World

A suspect is in custody after a teen is critically hurt in a shooting at a Nebraska high school

Omaha police have arrested a 14-year-old suspect following a shooting that critically injured a teenage boy at a high school in Nebraska’s largest city

A suspect is in custody after a teen is critically hurt in a shooting at a Nebraska high school
Business|News

Norfolk Southern railroad says its CEO is under investigation for alleged ethical lapses

Norfolk Southern's board has confirmed that the railroad's CEO Alan Shaw is under investigation for potential ethical lapses

Norfolk Southern railroad says its CEO is under investigation for alleged ethical lapses
Crime|News

Fewer than 400 households reject $600 million Ohio train derailment settlement

Very few people who live near the East Palestine, Ohio, train derailment opted out of a $600 million class action settlement despite reservations about whether the deal offers enough

Fewer than 400 households reject $600 million Ohio train derailment settlement
Business

Canadian rail union files lawsuits challenging back-to-work orders

The Teamsters union that represents workers at both of Canada's largest freight railroads has filed the lawsuits it promised challenging the orders that forced employees back to work and got the trains moving again

Canadian rail union files lawsuits challenging back-to-work orders
Crime

Investigators say dispatching errors led to Union Pacific train crash that killed 2 workers

Dispatching errors and the failure of two backup systems allowed a Union Pacific train to slam into 74 railcars that had been parked on a side track for nine months in Southern California in 2022

Investigators say dispatching errors led to Union Pacific train crash that killed 2 workers
Business|News

Rail worker's death in Ohio railyard highlights union questions about remote control trains

The CSX worker who discovered his friend run over by a pair of remote-control locomotives last year sees two-person crews as a simple solution to preventing similar deaths

Rail worker's death in Ohio railyard highlights union questions about remote control trains
Business|Economy|Finance

Warren Buffett's firm sells another $1 billion of Bank of America stock but still holds almost 12%

Investor Warren Buffett's company has unloaded more of its Bank of America stake, selling nearly 25 million shares worth almost $1 billion over the past week

Warren Buffett's firm sells another $1 billion of Bank of America stock but still holds almost 12%
Business|News

Railroad BNSF stresses safety but is still held back by longstanding industry issues, report finds

Freight railroad BNSF is generally striving to improve safety on a consistent basis but that message doesn’t always reach front-line workers who often don’t feel comfortable reporting safety concerns for fear of being disciplined

Railroad BNSF stresses safety but is still held back by longstanding industry issues, report finds
Crime|Environment|Health|News

East Palestine residents want more time and information before deciding to accept $600M settlement

Some East Palestine residents want more time and more information before they have to decide by a deadline this week whether to accept their share of a $600 million class-action settlement with Norfolk Southern over last year's disastrous train derailment

East Palestine residents want more time and information before deciding to accept $600M settlement
Americas|Opinion|Political|Sports|World

Walz touts Nebraska roots in visit to his home state where there's a battle over one electoral vote

Tim Walz played up his Nebraska roots in his first trip back to his home state since becoming the Democratic vice presidential nominee, and then drew sharp contrasts between Kamala Harris and Donald Trump

Walz touts Nebraska roots in visit to his home state where there's a battle over one electoral vote
Business|Lifestyle

Union Pacific hasn't yet lived up to deal to give all its engineers predictable schedules

The union that represents train engineers says Union Pacific is holding back on its promises to make their schedules more predictable

Union Pacific hasn't yet lived up to deal to give all its engineers predictable schedules
Crime|News|Political

Minnesota Supreme Court upholds law restoring right to vote to people with felony convictions

The Minnesota Supreme Court has upheld a 2023 state law that restores voting rights for felons once they have completed their prison sentences

Minnesota Supreme Court upholds law restoring right to vote to people with felony convictions
Business|News

CSX profit slipped as the railroad scrambled to respond to Baltimore bridge collapse

CSX railroad’s second quarter profit slipped 2% as it scrambled to respond to the Baltimore bridge collapse that disrupted coal exports

CSX profit slipped as the railroad scrambled to respond to Baltimore bridge collapse
Business|Economy|Finance|Technology

Warren Buffett surprises by slashing Berkshire Hathaway's longtime Apple stake in second quarter

Billionaire Warren Buffett slashed Berkshire Hathaway’s massive Apple stake in a move that could prove unsettling for the broader stock market because the investor is so revered and there had been little positive financial news lately

Warren Buffett surprises by slashing Berkshire Hathaway's longtime Apple stake in second quarter
Environment|News|Technology

Fiery North Dakota derailment was latest crash to involve weak tank cars the NTSB wants replaced

The fiery North Dakota derailment that burned for days early last month was the latest train crash to involve flawed tank cars the National Transportation Safety board has been trying to get off the tracks for decades

Fiery North Dakota derailment was latest crash to involve weak tank cars the NTSB wants replaced
Economy|News|Travel

Lawsuit says Norfolk Southern's freight trains cause chronic delays for Amtrak

The federal government alleges in a lawsuit against Norfolk Southern that the railroad has been causing chronic delays for Amtrak between New York and New Orleans by forcing the passenger trains to wait while its massive freight trains pass

Lawsuit says Norfolk Southern's freight trains cause chronic delays for Amtrak
Business|Economy|Finance

Norfolk Southern results complicated by derailment insurance payments, proxy fight and productivity

Norfolk Southern got a boost during the second quarter from insurance payments related to last year's disastrous East Palestine derailment, but it also made progress in reducing its expenses and getting more efficient

Norfolk Southern results complicated by derailment insurance payments, proxy fight and productivity
Business|Economy|Finance

Union Pacific profit grows 7% as the railroad continues to get more efficient under CEO Jim Vena

Union Pacific delivered 7% growth in its second-quarter profit even though the number of shipments it hauled remained essentially flat because it was able to continue streamlining its operations

Union Pacific profit grows 7% as the railroad continues to get more efficient under CEO Jim Vena
Business|Economy|News

Rushed railcar inspections and 'stagnated' safety record reinforce concerns after fiery Ohio crash

Rail unions say that inspections continue to be rushed and a new federal study reinforces that concern with railroads routinely allowing less than two minutes per car for inspections

Environment|News|Political

EPA watchdog investigating delays in how the agency used sensor plane after fiery Ohio derailment

The EPA's internal watchdog will investigate why the agency didn’t get its specialized plane loaded with advanced sensors into the air over East Palestine until four days after the disastrous Norfolk Southern derailment last year

EPA watchdog investigating delays in how the agency used sensor plane after fiery Ohio derailment
Economy|Environment|News

Few residents opt out of $600 million class action settlement in East Palestine, Ohio, derailment

Lawyers say few people ultimately opted out of the $600 million class action settlement Norfolk Southern offered to people affected by last year's disastrous East Palestine train derailment despite the questions residents raised about the deal

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