Class 1

Celebrating Engineering Excellence

During National Engineers Week, we applaud our fantastic engineers who keep operations running smoothly, thanks to their creativity, expertise and dedication. BNSF team members who specialize in engineering are tackling service challenges, driving technological advancements and helping us meet the needs of our customers. Here are just a few of the many innovative team members helping to realize BNSF’s tremendous potential every day.

Report: Activist Investor Attempting NS Takeover — Commentary Through Our Railway Age Colleagues

ATLANTA ––According to an unsubstantiated late-Jan. 31 Wall Street Journal article, an investor group led by activist Ancora Holdings Group, LLC intends to run a proxy fight and replace Norfolk Southern President and CEO Alan Shaw. Ancora has reportedly built a position in NS and would likely try to take control of the Board to enact management and operational changes. We highlighted this as the number one risk in our downgrade earlier this week. NSC was up ~5% after hours. Story by Jason Seidl, Matt Elkott, Elliot Alper and Uday Khanapurkar, TD Cowen

NS Performance Excellence, with VP Transportation Joe Gioe – RAIL GROUP ON AIR

As Norfolk Southern Vice President Transportation, Joe Gioe is responsible for leading a culture of safe, predictable and consistent service by empowering transportation team members to meet the needs of NS customers. He also leads the Performance Excellence (PE) group, which is responsible for establishing operating processes and measuring performance. The group partners closely with Operations leaders and their teams, including Transportation, Advanced Train Control, Engineering and Safety.