News and Opinion

Orange County Coastal Rail Resiliency Study

ORANGE COUNTY, Calif. –– The Orange County Transportation Authority (OCTA) and the LOSSAN Rail Corridor (Los Angeles – San Diego – San Luis Obispo) are working together on an Orange County Coastal Rail Resiliency Study. The study began in November 2023 and completion is expected in Fall 2025. OCTA is studying rail challenges in south Orange County to assess existing and future environmental risks and issues with operations and maintenance along the LOSSAN Rail Corridor. The study will evaluate strategies to address these challenges.

Tackling Fatigue Defects in Steel

ATLANTA – Railway Track & Structures, February 2024 Issue: Steel is one of the most important materials ever developed. From “A Deeper Look”, a monthly column from Dr. Gary T. Fry.

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