Archive for July 2020
NRF: Retail imports remain far below last year
(Source: Progressive Railroading 07/20/20) Imports at the major U.S. retail container ports are expected to remain significantly below last year’s levels into fall as the impact of the COVID-19 pandemic continues, the National Retail Federation (NRF) announced earlier this month. Retailers are being conservative with the amount of merchandise they import this year, said Jonathan Gold, NRF…
Read MoreU.S. rail volumes still under pressure
(Source: Freight Waves, July 16, 2020) CHATTANOOGA, Tenn. — U.S. weekly rail traffic is still facing double-digit percentage declines, with carloads once again down by over 20% since the same period in 2019. Full story: Freight Waves Friday, July 17, 2020
Read MoreUncertainty, concerns surround potential oil train resurgence
(Source: Bismarck Tribune, July 20, 2020) BISMARCK, N.D. — While lawyers fight over a federal judge’s order to temporarily shut down the Dakota Access Pipeline, the oil industry is grappling with uncertainty as it ponders how to keep shipping Bakken crude to market. Full story: Bismarck Tribune Monday, July 20, 2020
Read MoreAAR poll: A majority of Americans support freight rail’s role in U.S. economy
(Source: Progressive Railroading 07/15/2020) A majority of U.S. adults agree that the freight-rail industry is critically important to the nation’s economy, according to a new poll conducted on behalf of the Association of American Railroads (AAR). Conducted by Morning Consult, the poll also found that 75 percent of respondents view the freight-rail industry as safe, AAR officials…
Read MoreRegulators say railroad talks can be included in lawsuits
(Source: Associated Press, July 14, 2020) OMAHA, Neb. — Federal regulators say the nation’s four largest railroads shouldn’t be able to exclude all the details of their conversations from a lawsuit challenging the way they set rates in the past. Full story: Minneapolis Star-Tribune Wednesday, July 15, 2020
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