opinion

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

Keeping the Proper Focus

Louisville, Ky. – I have spent more than 50 years in the rail industry, all of it in the Communications & Signals segment. I will be retiring after the joint REMSA/RSSI Exhibition

Commentary – UP Narrowly Avoided Disaster

When we set the stage for Tropical Storm Hilary, it was a good exercise in knowing what to look for and what to worry about. Specifically, we expected some track washouts but didn’t worry about it, because they’re relatively quickly repaired within a few days, and it’s primarily bridge outages on key arteries that represent a threat to broader network health.

Watch: BNSF Completes Willmar Bypass

“And now I can retire,” Randy Anderson, a BNSF locomotive engineer based in Sioux City, Iowa, said recently. “For years I have said that as soon as the bypass is complete, I’m hanging up my boots. The new bypass allows train crews to keep on moving through this area. It’s a really good thing and will continue to benefit the railroad and community for years to come.”

“The subways are facing a five-alarm fire”

“New York City cannot recover without a robust transit system, and the country cannot rebound without New York,” New York Metropolitan Transportation Authority Chairman and CEO Patrick J. Foye and Transport Workers

LiDAR, a tool for the “virtual world”

LiDAR (Light Detection and Ranging), a form of remote sensing, uses laser light pulses to gather information from surfaces in the form of “points” (3D coordinates). The data is processed with point

A “Sully” moment for Amtrak’s Anderson

As America increasingly is sheltering in place, losing unprecedented numbers of jobs and retirement savings, fearful of COVID-19, and facing a stress level unfamiliar except to those who have endured war zones,