Before CN or CSX rolled out Precision Scheduled Railroading (PSR) under the leadership of the late E. Hunter Harrison, a much smaller terminal railroad company in the eastern U.S. was demonstrating ...
First, some history. To address the looming collapse of freight and passenger rail traffic in the East as a result of those railroad bankruptcies, Congress passed the Regional Rail Reorganization Act ...
Labor unions` endorsement of Alleghany Corp.`s $1.2 billion offer for Conrail and extensive opposition to Norfolk Southern Corp.`s rival offer apparently has given Alleghany an edge in bidding for the ...
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