BLET News
AAR: Weekly intermodal traffic drops for 10th consecutive week compared to 2020
(Source: Railway Age, October 13, 2021) NEW YORK — For the week ending Oct. 9, 2021, total U.S. weekly rail traffic came in at 506,642 carloads and intermodal units, down 2.6% compared with the same week in 2020, AAR reported on Oct. 13. U.S. Class I railroads moved 239,821 carloads, increasing 4% vs. the prior-year…
Read MoreCN faces investor pressure after losing KCS deal
(Source: Associated Press, September 29, 2021) OMAHA, Neb. — After walking away from its effort to buy Kansas City Southern railroad earlier this month, Canadian National Railway Co. continues to face investor pressure to make changes in its operation. Full story: Yahoo News Thursday, September 30, 2021
Read MoreU.S. coal demand is rising, but supplies remain tight
(Source: S&P Global Platts, September 23, 2021) HOUSTON — Coal demand and prices are booming as natural gas prices soar, but U.S. mining companies have not ramped up production to meet the new market conditions. The U.S. Energy Information Administration recently said it expects coal demand from the U.S. electric power sector to increase by…
Read MoreIntermodal drop-off spans seven consecutive weeks
(Source: Railway Age, September 22, 2021) NEW YORK — For the week ending Sept. 18, 2021, U.S. Class I railroads hauled 234,790 carloads, up 3.5% from the same point last year, but the 270,832 containers and trailers they moved fell 8.3% from 2020, the Association of American Railroads reported on Sept. 22. This is the…
Read MoreCoordinated Bargaining Coalition Update
September 22, 2021 — The Rail Unions comprising the Coordinated Bargaining Coalition (CBC), negotiating together in the current round of National Negotiations, have issued the following statement: “As we advised in January of 2021, the CBC and the nation’s rail carriers have been at the bargaining table since the beginning of 2020. Since January, CBC…
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