Archive for May 21, 2018
Survey: Many ports need better rail access
(Source: Progressive Railroading 05/21/2018) In a recent survey, U.S. port authorities identified more than $20 billion in multimodal port and rail-access needs over the next decade, with a third of those citing pressing rail projects that cost at least $50 million, according to the American Association of Port Authorities (AAPA). In its “State of Freight III” report,…
Read MoreSTB: Class I workforce up slightly in mid-April
(Source: Progressive Railroading 05/21/2018) As of mid-April, U.S. Class Is employed 145,959 workers, up 0.59 percent since mid-March, but down 2.11 percent compared with April 2017, according to Surface Transportation Board data. All but one employment category — professional and administrative — reflected slight increases in the workforce on a month-over month basis. Categories that logged increases…
Read MoreNorth American rail operators put profits before customers, claim shippers
(Source: The Loadstar, May 18, 2018) TORONTO — North American rail operators have been accused by shipper organizations of putting Wall Street analysts before customers. Shippers are frustrated by poor service and tight capacity and blame the Class One rail companies of scrimping on investment for the sake of higher profits. Full story: The Loadstar Monday,…
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