BLET ends Wheeling & Lake Erie strike
BLET said it ended its strike against Wheeling & Lake Erie after securing an agreement protecting union conductors’ work.
Railroads continue to play a significant role in North America’s economic infrastructure. According to the U.S. Department of Transportation Federal Railroad Administration, the U.S. rail freight network covers almost 140,000 route miles and is generally considered the largest, safest, and most cost-efficient freight system in the world. In addition, says the FRA, the almost $80 billion rail freight industry creates more than 167,000 jobs across the country.
In essence, rail freight companies charge businesses to carry cargo across their network of rails. Their rates are overseen by the Surface Transportation Board, a federal agency that regulates financial aspects of surface transportation. Major railroads in North America include Union Pacific Railroad, BNSF Railway, CSX, Norfolk Southern, Canadian Pacific Kansas City and Canadian National Railway.
Keep up with the latest news, trends and reports concerning rail freight transport here!
BLET said it ended its strike against Wheeling & Lake Erie after securing an agreement protecting union conductors’ work.
The largest U.S. short line railroad operator is restructuring as it plans to sell off dozens of lines.
U.S. rail traffic advanced as strong intermodal growth outweighed some carload declines.
Intermodal hits record mark as U.S. railroads see volumes increase across much of the freight economy, says AAR.
Train engineers and conductors with a Midwest regional railroad walked off the job over what they claim are contract violations by management.
Higher fuel costs and freight rates are pressuring supply chains, but produce varied consequences.
Third-quarter earnings rose 19.3% at BNSF as increased fuel costs were offset by higher rail freight shipments and improved operating efficiencies.
New policy statement questions earlier decisions involving customer-owned terminals and outlines stronger arguments against taking railroad property.
Union Pacific CEO said his threat to raise rates on shippers in a now-released video was an attempt at humor.
Conrail has appointed veteran rail executive John Wright as its new corporate leader.
Rail regulator rejects railroad’s appeal in dispute over remarks allegedly threatening shippers opposed to Norfolk Southern merger.
Rail freight on U.S. carriers continues to turn in strong results.
Canadian National Railway reported a 6% increase in third-quarter profit as grain, energy and automotive freight activity lifted revenue.
Schneider National will make Norfolk Southern its primary eastern rail provider as the railroad pursues a merger with Union Pacific.
The state of Georgia officially opens an inland rail hub with plans to take tens of thousands of containers off the roads.
U.S. rail traffic rose in the latest week as gains across eight of 10 carload commodity groups showed broad — but uneven — growth.
Nine men allegedly connected to Mexico’s Sinaloa Cartel were arrested in Southern California as part of a cargo train theft operation.
CPKC turned in record 3Q revenue as the railway set records for domestic and international intermodal volumes, as well as for grain.
CPKC’s third-quarter revenue and earnings climbed, though higher fuel costs squeezed margins.
Nearly 35,700 import containers were waiting for on-dock trains at the ports of Los Angeles and Long Beach, as record cargo volumes, reported railcar shortages slowed inland traffic.