Latest News Updates From Josh Funk

Business, Logistics

CSX Sees 8% Profit Growth Despite Southeast Storm Damage

The Florida-based railroad is recovering from hurricanes Helene and Milton that battered its network in the Southeast. Some trains had to be rerouted as tracks are cleared and repaired.

October 16, 2024
Government, Business, Safety

Judge Approves $600M Settlement for East Palestine Residents

A federal judge approved a $600 million class-action settlement that Norfolk Southern railroad offered to everyone who lived within 20 miles of last year’s derailment in East Palestine, Ohio.

September 26, 2024
Government, Business, Technology, Safety

Long Trains Pose Derailment Danger, Report Says

OMAHA, Neb. — As freight trains have grown longer, the U.S. has seen an increase in the number of a certain type of derailment, the National Academies of Sciences said.

September 18, 2024
Business, Logistics

Norfolk Southern Fires CEO Alan Shaw

Norfolk Southern said Sept. 11 it has fired CEO Alan Shaw for having an inappropriate relationship with a subordinate.

September 12, 2024
Government, Business, Safety

Most Households Accept East Palestine Derailment Settlement

Very few people who live near the East Palestine, Ohio, train derailment opted out of a $600 million class action settlement.

September 10, 2024
Government, Business, Logistics

Canadian Rail Union Says It Filed Suit on Back-to-Work Order

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.

August 30, 2024
Government, Business, Technology, Safety

NTSB Update Highlights Questions About Remote-Control Trains

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

August 29, 2024
Government, Business, Safety, Logistics

FRA Report Says BNSF Safety Held Back by Industry Issues

BNSF is generally striving to improve safety, but that message doesn’t always reach workers who often don’t feel comfortable reporting safety concerns, according to an assessment.

August 28, 2024
Business, Logistics

CSX Profit Slips Amid Baltimore Bridge Collapse Response

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

August 6, 2024
Government, Business, Safety

NTSB Wants to Replace Weak Railroad Tank Cars

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

August 2, 2024