General Information
Decline in U.S. rail volumes slows
(Source: Freight Waves, June 4, 2020) CHATTANOOGA, Tenn. — Despite double-digit percentage drops in May, U.S. rail volumes on a weekly basis have been narrowing their declines over the same periods in 2019 as North America slowly opens up following COVID-19 pandemic closures. Full story: Freight Waves Friday, June 5, 2020
Read MoreFRA grants unions’ request for another extension to file certification petitions
(Source: Progressive Railroading 06/08/2020) The Federal Railroad Administration (FRA) last week granted another 60-day extension to time limits in which certain petitions for review must be filed with the Locomotive Engineer Review Board (LERB) and the Operating Crew Review Board (OCRB). The extension followed a second joint petition filed by two railroad unions, the Brotherhood of Locomotive Engineers and Trainmen (BLET) and the SMART…
Read MoreUnion Pacific’s stock gains after “more optimistic” outlook on volumes
(Source: MarketWatch, June 2, 2020) NEW YORK — Shares of Union Pacific Corp. rose 1.1% in afternoon trading Tuesday, putting them on track to snap a 3-day losing streak, after the railroad operator provided an optimistic volume outlook at an industry conference. Full story: www.marketwatch.com Wednesday, June 3, 2020
Read MoreTeamsters statement on murder of George Floyd
(Source: International Brotherhood of Teamsters press release, May 31, 2020) WASHINGTON, D.C. — The following is a statement from James P. Hoffa, Teamsters General President, and Marcus King, Director of the Teamsters Human Rights and Diversity Commission. “This past week marked another tragic time in our nation’s history with the murder of George Floyd in Minneapolis.…
Read MoreUnion Pacific extends shutdown of De Soto car shops
(Source: My Leader Paper, May 31, 2020) FESTUS, Mo. — The Union Pacific railroad is extending its temporary shutdown of the De Soto car shops to late June, the company announced in a May 21 letter to employees. Full story: www.myleaderpaper.com Monday, June 1, 2020
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