Against the trend: February trucking jobs decline from January
February generally shows an increase in the number of trucking jobs, but not in 2021
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!
February generally shows an increase in the number of trucking jobs, but not in 2021
U.S. weekly intermodal volumes moved higher last week amid support from retail and e-commerce, while carloads slumped as some U.S. Gulf Coast facilities seek to fully return to normal following February’s winter storm.
Three investigators will try to determine what caused the death of a BNSF worker on Wednesday at a rail yard near Los Angeles.
J.B. Hunt believes recent winter storms will negatively impact first-quarter operating income by $15 million to $20 million. The company said it had been successful advancing its intermodal service initiatives prior to the storms.
Drayage trucking and logistics company ContainerPort sold its container yard and depot division to ITS ConGlobal, a company with intermodal, finished vehicle and depot service terminals.
For the 12th consecutive month, CN hauled a record amount of Canadian grain.
The AAR released climate policy proposals encouraging partnerships and market solutions that promote competition and carbon capture, utilization and storage technology.
Adoption of technology has influenced U.S. Class I railroads’ staffing. Will additional technological innovation cut headcount even more, or will other factors have greater weight?
U.S. rail operator CSX says it is investigating a “data security incident” after a ransomware gang appears to have leaked personal information of employees and retirees.
Lower fuel expenses helped privately held BNSF’s net income grow by 5% in the fourth quarter of 2020.
Eastern U.S. railroad CSX (NASDAQ: CSX) has started the regulatory process to acquire New England short line operator Pan Am Railways in a move that CSX hopes will strengthen its intermodal presence in the region. The company on Thursday submitted its application to the Surface Transportation Board. The application includes a request both to acquire […]
FreightWaves is bringing back its in-person events this year with the F3: Future of Freight Festival in November, celebrating all things freight in a communitywide celebration throughout the city of Chattanooga.
The extreme cold and heavy snow dampened U.S. rail volumes last week.
Although market conditions are improving for Trinity Industries (NYSE: TRN), the railcar lessor and rail equipment manufacturer anticipates persistent headwinds through the first half of 2021 as prospective customers take a wait-and-see approach to gauging market demand. “Market uncertainty as it relates to COVID-19 remains the predominant story on the economic and rail industry outlook. […]
A U.S. Circuit Court of Appeals ruling Tuesday vacated the Federal Railroad Administration’s May 2019 order on train crew size, saying the agency didn’t conduct an adequate public review prior to the order.
Communications between the railroads about fuel surcharges can be included in legal proceedings pertaining to alleged price fixing that occurred in the early 2000s, a federal judge ruled Friday.
U.S. Class I rail headcount totaled 113,461 employees in January.
The revised rules under the Railway Safety Act address winter operations of higher-risk key trains.
Two workers died after entering a tank car that carried natural gasoline at a TrinityRail facility in Oklahoma, according to OSHA. TrinityRail disagrees with OSHA’s findings.
The railroad says it will no longer build a rail transfer facility after the City of Atlanta raised objections to the Surface Transportation Board because of the site’s historical and cultural significance.