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!
Congress must prevent a rail shutdown. Otherwise, factories will close, food and fuel supplies will dwindle and inflation will soar.
Three more railroad unions have reached tentative agreements with Class I railroads on new labor contracts.
Uncertainties over whether union members will go on strike next Friday are causing the U.S. Class I railroads to embargo certain shipments and tell customers to expect delays.
The CEOs of Union Pacific, CSX and Norfolk Southern anticipate rail volumes to grow amid service improvements and despite macroeconomic uncertainties, according to their comments at an investor conference this week.
The Association of American Railroads estimates that a nationwide strike could cost about $2 billion each day, while shippers groups rally Congress to intervene in the event a strike seems imminent.
KCS has sites in the southern U.S. and in Mexico that are primed for the construction of warehouses and manufacturing facilities.
Thanks to a federal grant, the Mineta Transportation Institute at San Jose State University will be working with four other colleges to develop climate-resiliency strategies and tools for U.S. freight and passenger railroads.
Two more unions, whose membership totals about 6,000 freight rail employees, have tentatively agreed to a new labor contract that calls for substantial wage increases.
Peak harvest season begins in the U.S. soon, and grain shippers are hoping rail service will be able to meet market demand.
The soybean associations say helping offset construction costs of AG Procressing’s terminal expansion at the Port of Grays Harbor will help soybean exporters in the long run.
Two of the larger unions, BLET and SMART-TD, were unable to reach a tentative labor agreement last week. But both “remain committed” to reaching one.
Three railroad unions plan to send their members a tentative labor agreement for ratification. However, there are still nine unions that have yet to strike a deal.
Transport Canada says it is initiating the first steps toward implementing a version of positive train control in the country.
This week in Borderlands: Kansas City Southern set to build second rail bridge in Laredo; Texas firm constructing a truck and trailer parking facility near Houston; Omni Logistics opens new shipping hub in Dallas; and New Mexico port expanding with help from federal grant.
The Utah Inland Port Authority, short-line operator TNW Corp. and the Surface Transportation Board have announced appointments and promotions.
The Transportation Safety Board of Canada wants the country’s major railways to install enhanced train-control technology similar to positive train control in the U.S.
Railroad union representatives have been reticent publicly about how they plan to proceed with contract talks following last week’s recommendations from an independent board.
The American Chemistry Council says freight rail service still leaves much to be desired, despite the railroads’ efforts to improve.
The Mojave Inland Port could reduce congestion at the ports of Los Angeles and Long Beach.
The Surface Transportation Board wants to know how the seven Class I railroads expect to meet demand for rail service during the harvest season running from September into the new year.
