BNSF’s brief embargo aims to reduce Southern California network congestion, which the railway partly blamed on bad weather.
The Surface Transportation Board wants BNSF, CSX, Norfolk Southern and Union Pacific to submit additional information on their rail service recovery plans after finding that the initial plan submissions “were perfunctory” and lacked detail.
A bipartisan group of U.S. senators wants the Surface Transportation Board to take action to address service delays and congestion on the freight rail network.
Rail investors and observers think the Class I railroads’ efforts to bolster train and engine crew counts will improve rail service in the second half of this year. But geopolitical, economic and regulatory uncertainties also abound.
The Surface Transportation Board wants Union Pacific, BNSF, CSX and Norfolk Southern to provide service recovery plans following reports and testimony about deteriorating rail service.
A hearing at the Surface Transportation Board raised hard questions that could influence the trajectory of the freight rail industry.
The Surface Transportation Board wants ‘act on its own initiative’ to modify rules governing its response to service emergencies
The Class I railroads say they have been trying to improve service, which has deteriorated amid the COVID-19 pandemic. But the Surface Transportation Board questions whether headcount reductions come into play.
The eastern U.S. railroad is aggressively courting new employees as well as seeking to retain current ones to improve traffic flow and reduce delays.
CSX defended its service record and its responsiveness to customer concerns to the Surface Transportation Board, which had sent CSX a letter in October saying that the board received complaints over the railroad’s recent performance.
STB has allowed agri-food shipper Sanimax to proceed in its complaint against Union Pacific over service issues.
Shares of J.B. Hunt Transport Services jumped 10% Friday as the company navigated supply chain challenges during the third quarter to beat analysts’ forecasts.
August is likely to see a new monthly record for retail container imports, with 2021 doing the same. However, ongoing supply chain dislocation clouds how quickly consumers will be able to get their hands on the goods.
J.B. Hunt Transport Services beat second-quarter expectations Monday. However, the back half of 2021 will depend on how well the railroads and shippers can improve their operations.
Rail shippers discuss what issues they would like to see addressed in 2021. Among them: further action by the Surface Transportation Board and Congress on ensuring rail competition and adequate rail service.
Expanding what service and performance data Transport Canada collects could help demystify the freight rail operations, the agency said.
The Senate has confirmed the appointments of Robert Primus and Michelle Schultz.
Tight container market, COVID-19 pandemic concerns and sufficient network capacity are among top concerns of some grain shippers.
Shares of J.B. Hunt Transport Services move 9% lower after the company fails to meet recently raised analyst expectations. Intermodal service headwinds and elevated costs were the culprits.
A bountiful harvest, anticipated surge in export volumes as well as wild card factors could test U.S. rail network capacity post-PSR.
