April, 2009 - jstagl - Editors' Posts - MyProgressiveRailroading
    • 29 Apr 2009

    PTC a hot ASLRRA show topic in comfortably warm Las Vegas

    Greetings from Las Vegas. It was a beautiful sunny, upper-70-degree day in Sin City yesterday, and all things considered, quite the fitting end to the formal presentation portion of the American Short Line and Regional Railroad Association’s (ASLRRA) 96th annual convention at the Red Rock Resort and Casino. The information-sharing experiences in meeting rooms and the grand ballroom the past two days — as well...
    • 22 Apr 2009

    NS' Manion puts crew starts, T&E worker furloughs in perspective

    During Norfolk Southern Corp.’s first-quarter earnings presentation held this morning, Executive Vice President and Chief Operating Officer Mark Manion had some interesting things to say about crew starts and T&E worker furloughs. In the quarter, NS reduced road trains crew stars by 14 percent and yard assignment crew starts by 11 percent compared with first-quarter 2008. “We will continue to monitor business...
    • 15 Apr 2009

    CSX: Great — and not-so-great — expectations

    As I listened in on CSX Corp.’s first-quarter earnings teleconference this morning, a word that kept running through my mind was “expectations.” The Class I’s financial results exceeded expectations — both its own and Wall Street’s — but the railroad’s business expectations for the rest of 2009 aren’t all that great. EVP of Sales and Marketing Clarence Gooden and EVP...
    • 8 Apr 2009

    Build it (now), and they will come

    The American Short Line and Regional Railroad Association (ASLRRA) has compiled some attention-grabbing figures. By 2020, the United States is projected to add 1,130 miles to the interstate highway system while railroads add about 2,000 miles of rail to their networks. It’s not those figures that are eye opening, but the discrepancies compared with other nations’ projections. In 11 years, China plans to build...
    • 2 Apr 2009

    NS maintains a good pace on Track 2012's first lap

    Norfolk Southern Corp. is nearing the “Year One” mark for Track 2012, a five-year “continuous-improvement” initiative. Considered the Class I’s self-improvement focal point for the near term, Track 2102 sets specific goals for improving safety, operational and financial performance. So how’s NS faring so far after the first lap? In a pretty good sprint it would appear. The railroad...