Archive for April 2022
Union Pacific says track congestion hurting ability to meet demand
(Source: Reuters, April 21, 2022) OMAHA, Neb. — Union Pacific Corp. said on Thursday congestion on tracks was hurting its ability to meet shipping demand even as price hikes helped the U.S. railroad operator top market expectations for quarterly results. Total operating revenue in the quarter rose to $5.86 billion, from $5 billion last year. Full…
Read MoreAAR reports rail traffic for March and the week ending April 2, 2022
(Source: Association of American Railroads press release, April 6, 2022) WASHINGTON, D.C. — The Association of American Railroads (AAR) today reported U.S. rail traffic for the week ending April 2, 2022, as well as volumes for March 2022. U.S. railroads originated 1,169,546 carloads in March 2022, up 1.2 percent, or 13,456 carloads, from March 2021. U.S.…
Read MoreHouse Transportation leaders urge FRA to act on fatigue, attendance policies
CLEVELAND (April 6) — Leaders of the U.S. House of Representatives Committee on Transportation and Infrastructure are asking the Federal Railroad Administration (FRA) to take action on a 2008 Congressional mandate to address rail worker fatigue at Class I carriers, with a specific reference to attendance policies such as those imposed at CSX, Union Pacific,…
Read MoreU.S. rail carloads held steady, intermodal volume fell in Week 12
(Source: Progressive Railroading 03/31/2022) Intermodal volumes continued to weigh on U.S. freight-rail traffic totals during the week ending March 26, according to Association of American Railroads (AAR) data. U.S. railroads logged 271,262 containers and trailers, down 6.2%, and 233,555 carloads, up 0.5% compared with totals from the same week a year ago. U.S. rail volume for the…
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