Railroad News

CSX announced yesterday it has achieved a score in the 93rd percentile on the S&P Global 2022 Corporate Sustainability Assessment.

The assessment scores are used by companies to benchmark their environmental, social and governance (ESG) performance against other companies, as well as to measure their own progress, CSX officials said in a press release. CSX has been included in the index since 2011.

Union Pacific Railroad yesterday announced it received the results of the city of Houston's dioxin study, which shows dioxin levels in the city’s samples are well below the Texas Commission on Environmental Quality’s cleanup standards for dioxins in residential areas.

UP requested the data as part of an initiative to remediate the former Southern Pacific Houston Wood Preserving Works site. The Class I is calling for "accuracy and collaboration in response to the dioxin study," UP officials said in a prepared statement.

Union Pacific Railroad and Shell have signed a memorandum of understanding (MOU) that calls for the exploration and testing of initiatives designed to help UP achieve its goals to reduce greenhouse-gas emissions (GHGs).

The MOU addresses UP's goals to reduce GHG emissions 26% by 2030 and reach net zero by 2050. In addition, the initiatives between the two companies will help Shell achieve its target to become a net-zero energy business by 2050, according to UP's Inside Track blog.