US freight rail traffic slips nearly 3% in 2022
U.S. freight railroads moved fewer volumes in 2022 than 2021 amid declines in intermodal traffic, according to recent industry data.
U.S. freight railroads moved fewer volumes in 2022 than 2021 amid declines in intermodal traffic, according to recent industry data.
CN boasts record Canadian grain volumes, Watco completes a Texas terminal expansion, and the Association of American Railroads and the Intermodal Association of North America detail volume ups and downs.
Freight and passenger rail carriers must develop actionable items to prevent a cyberattack from crippling the rail network, according to a new TSA security directive.
Railroad intermodal volumes are down, but consumer spending remains relatively strong. Carloads of coal are up, but forest products are down. Whether these volume changes reflect broader macroeconomic slowing remains less clear.
A nationwide rail strike has been averted as the railroads and unions have reached a deal.
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 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.
In proposing a minimum train crew size of two members, FRA reverses its stance that crew size questions should be left to the railroads and the unions.
Union Pacific is seeking to extend its tests on wheel temperature detectors, but the Transportation Trades Department disagrees with the way UP wants to deploy the technology.
The Federal Railroad Administration has established a Climate Challenge initiative, which is targeting net-zero greenhouse gas emissions for the industry by 2050.