General Information
UP ramps up hiring efforts
(Source: Progressive Railroading 09/02/2021) Union Pacific Railroad announced it is among U.S. employers actively hiring as the nation’s economy continues to improve. The Class I is soliciting applicants for more than 50 job openings across its system, with more openings anticipated in the coming months, according to a report on UP’s website. Finding new employees “has never…
Read MoreAAR: U.S. railroads navagating supply-chain challenges
(Source: Progressive Railroading 09/02/2021) U.S. freight railroads’ traffic was steady last month compared with the August 2020 level, according to Association of American Railroads data. U.S. railroads originated 934,762 carloads in August 2021, up 4.1%, and 1,085,345 containers and trailers, down 3.3%, from year-ago levels. Combined, U.S. carload and intermodal originations were 2,020,107, down 0%, or 788…
Read MorePort of Coos Bay, developer to build new multimodal container facility
(Source: Progressive Railroading 09/02/2021) The Oregon Port of Coos Bay yesterday announced it has partnered with NorthPoint Development to construct a multimodal container facility on the North Spit. The port and NorthPoint have entered into a memorandum of understanding for the project, with the intention of finalizing negotiations and signing a contract by the end of the calendar year,…
Read MoreKCS, NS, UP evaluate hurricane damage
(Source: Progressive Railroading 08/31/2021) Three Class Is are evaluating the impact Hurricane Ida has had on their operations in Louisiana and Mississippi. Kansas City Southern, Norfolk Southern Railway and Union Pacific Railroad yesterday issued customer service advisories on how the storm is affecting service in the region. The hurricane made landfall along the Louisiana coast on Aug. 29. KCS’s…
Read MoreRailroads brace for gridlock after Ida hammers New Orleans hub
(Source: Bloomberg, August 30, 2021) NEW YORK — Hurricane Ida forced Kansas City Southern to shut its main line in Louisiana and has halted exchanges between railroads in New Orleans, which may worsen delays in a U.S. shipping industry that is already stretched thin. Rail stocks fell. Full story: www.bloomberg.com Tuesday, August 31, 2021
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