Industry News

STB: Rails Cut More Jobs

November 18, 2009 | 02:00 p.m. CST

The U.S. lines of the seven Class I railroads trimmed another 408 jobs as of mid-October from a month earlier, taking their total employment level down to a new low, reports the Journal of Commerce.

Reports the carriers submitted to the Surface Transportation Board listed 149,020 workers in all, down from 149,428 at mid-September. That is the fourth straight monthly decline, after July had the only gain this year. October's combined Class I employment is down 6.6 percent from 159,511 in January, and 9.2 percent from 164,025 in October 2008.

Union Pacific added workers in the latest month, along with Kansas City Southern and U.S. units of Canadian Pacific Railway. Those cutting jobs from mid-September to mid-October were BNSF Railway, Norfolk Southern, CSX Transportation and U.S. operations of Canadian National Railway.

Among job categories, Class Is reported adding train crews and other transportation workers through mid-October, but cutting track and structure maintenance staff, professional positions and executives or their assistants.

Daylight Saving Time Begins Sunday

Mar. 12, 2010 | 09:41 a.m. CST

Employees prepare for Daylight Saving Time, Sunday, March 14, at 2 a.m. More...

Intermodal, Carload Freight Up from Last Year

Mar. 11, 2010 | 02:25 p.m. CST

Rail freight volume on U.S. railroads is continuing to show some signs of recovery, with both carload freight and intermodal traffic during the week ended March 6 registering gains from last year. More...

Knight Discusses UP's Franchise, Business Initiatives

Mar. 9, 2010 | 12:45 p.m. CST

Rob Knight will address the J.P. Morgan Aviation, Transportation and Defense Conference Wednesday, March 10, at 11:15 a.m. ET. More...

KCS Acquires Mexico Intermodal Facility

Mar. 9, 2010 | 12:30 p.m. CST

Kansas City Southern announced March 8 that it acquired the Puerta Mexico intermodal facility at Toluca in the State of Mexico. Later this month, Kansas City Southern de Mexico, S.A. de C.V. (KCSM) will add direct train service from Lazaro Cardenas to Puerta Mexico, providing Mexico City import and export shippers with a service alternative. More...

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