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U.S. rail traffic boost continues in first week of 2024

(Source: Railway Age, January 10, 2024) For the week ending Jan. 6, 2024 (Week 1), total U.S. rail traffic was 417,257 carloads and intermodal units, rising 2.3% from the prior-year period, the Association of American Railroads (AAR) reported Jan. 10. Total rail traffic for the week ending Jan. 6, 2024, comprised 208,176 carloads, up 0.9%…

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Members ratify new contract with Portland & Western

On January 11, BLET members ratified a new on-property agreement with the Portland & Western Railroad (PNW). The five-year contract governs rates of pay, benefits and work rules for approximately 55 operating employees. Members will earn general wage increases of 21.5% (23.4% compounded) over the life of the contract (6% in 2024, 3% in 2025, 3%…

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Will Congress pass any rail safety bills in 2024?

(Source: Freight Waves, January 1, 2024) The passage of any rail safety legislation in Congress next year is likely to be influenced by two things, industry observers told FreightWaves: the 2024 presidential election and the release of a report by the National Transportation Safety Board on the February 2023 derailment of a Norfolk Southern train…

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