Federal officials and Democratic lawmakers are hinting that more freight railroad regulation is on the way as leaders investigate the rail safety procedures surrounding trains transporting hazardous materials. The federal investigation into rail safety comes as Norfolk Southern (NYSE: NSC), federal, state, and local officials, and the local community work...
Illinois legislators want regulators to postpone a decision on the CP-KCS merger.
Four Illinois congressional leaders have asked the Surface Transportation Board to postpone a decision on whether to approve the merger of Canadian Pacific and Kansas City Southern due to concerns about the data used in the board's environmental impact statement (EIS). The Illinois delegation, which includes U.S. Senate Majority Whip...
Daimler Truck is still plagued by brake module corrosion.
Daimler Truck North America is conducting a third safety recall in the United States and Canada, affecting approximately 77,000 vehicles across seven model years, for brake module corrosion, which could cause pulling to one side of the road and increase the risk of a crash. There is no crash associated...