US Class I rail headcount sinks to near decade low
U.S. Class I rail headcount totaled 113,461 employees in January.
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!
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.
U.S. Class I rail operations are seeking to return to normal, with intermodal terminals opening in the central and western U.S. But the overall network is experiencing delays in multiple locations.
Prospective North American and international customers are inquiring about Wabtec’s battery electric, heavy-haul locomotive, which is undergoing advanced tests with BNSF. The company reported its fourth-quarter results on Thursday.
Cass freight data released Thursday shows a huge surge in freight spending with solid growth in shipments. The report indicated that 2021 is unlikely to produce the “rate relief” to shippers that 2019 provided.
FreightCar America makes Terry Rogers its permanent CFO, the Association of American Railroads reports weekly U.S. rail volumes rose 0.3% year-over-year, and The Broe Group updates its progress on a Savannah, Georgia-area industrial park.
Power outages, bitter cold and heavy snows have caused temporary intermodal-related closures and significant delays.
UP appoints three employees to new roles within Loup Logistics and the company’s marketing and sales department.
The trade agreement’s rules governing how much of a car must consist of North American parts could incentivize automakers to set up more assembly plants in the U.S.
Appearing at an investor conference, J.B. Hunt CEO John Roberts said this year’s intermodal bid season will go a long way in determining whether the company curtails the division’s margin target.
Preeti Pande, the hydrogen solution provider’s chief marketing officer, comes with extensive fuel cell industry experience and a Ph.D.
Extreme cold and lots of snow in the Midwest and other areas could impact rail operations and cause delays, according to some railroads.
A Canadian National freight train derailed at an intersection with a West Chicago commuter line. Service remained disrupted early Monday afternoon.
CenterPoint acquires Houston-area distribution facility while Genesee & Wyoming reports industrial development results for 2020.
Plans to halt construction of the Keystone XL pipeline will likely mean more crude oil volumes being shipped by rail. But how much more will depend on a variety of factors, including oil price spreads, other pipelines, oil storage options and the railroads’ ability to juggle volumes.
OmniTRAX sets sights on Sand Springs; advisory group approves Union Pacific’s emission reduction targets.
The U.S. housing market is tight heading into 2021, with higher housing starts and limited inventories helping to support lumber and wood carloads.
TrinityRail will permanently close a plant in Vidor, Texas, laying off 59 workers by April 30.