Railroad

As expected, Class I railroad carriers Canadian Pacific Kansas City (CPKC) and CN respectively locked out its employees that are represented by the Teamsters Canada Rail Conference (TCRC) at 12:01 AM ET today.  TCRC represents nearly 10,000 workers at CN and CPKC. 

The company said it will invest more than $200 Million into the 3B Corridor, which it said connects markets in northern and central Alabama to the Port of Mobile, as well as global destinations. And it added that this investment helps to position NS to be equipped to handle expected growth across various Southeastern sectors.

High-level service in spite of unsteady volumes

Rail carloads, at 222,759, fell 2.5% annually, and intermodal containers and trailers, at 270,379 units, saw an 8.9% annual gain.

In this podcast, Tony Hatch offered up his views on various aspects of the freight railroad and intermodal sectors, including: market conditions, service levels, volumes, and nearshoring, among others. 

This month, I’m stepping away from my usual supply chain matters to provide a testimonial on a remarkable human being and my friend, William E. (Bill) Greenwood, former COO at Burlington Northern (BN). Bill passed away at age 85 on September 22.

Rail/Intermodal volumes remain uneven as service improvements continue to take hold.

Uncover the True Story of What Happened in the Recent Catastrophic Derailment of Norfolk Southern in Ohio with Insightful Analysis from an Expert With More than 50 Years of Supply Chain, Logistics and Freight Transportation Experience.

Following Atlanta-based Class I railroad carrier Norfolk Southern (NS) roll out of a six-point plan this week to “immediately enhance the safety of its operation,” which was based on preliminary findings made by the National Transportation Safety Board (NTSB) after an NS train derailed in East Palestine, Ohio on February 3, the United States Department of Transportation’s Federal Railroad Administration (FRA) today said it will be conducting a 60-day assessment of NS, related to the derailments and other NS safety-related...

The Association of American Railroads (AAR) issued a memorandum on the situation, replete with information on the current situation and adding that “railroads take their responsibility to move goods critical to the economy safely across the country seriously.”

Rail carloads—at 234,942—were down 3.6% annually, topping the week ending June 4, at 225,274, and the week ending May 28, at 233,633.

Rivals and shippers say the proposed $25 billion rail merger between the Kansas City Southern and Canadian Pacific will have a positive effect on shippers even though the merger will reduce the number of Class 1 railroads in North America to six.

Rail carloads, at 248,905, fell 5.1%, and intermodal units, at 266,364, slipped 6.7%.

Earlier this week, the Washington-based Association of American Railroads (AAR) said it filed comments with the Surface Transportation Board (STB) in regards to the STB’s Final Offer Rate Review (FORR) proposed rule, in which the AAR said that it is calling on the STB to withdraw the rule proposal, as it contends it is unlawful.

February shipments, at 1.173, headed up 4.0% compared to January’s 1.128 and were down 2.1% annually ad up 4% compared to January, and February expenditures, at 2.874, saw a 5.5% annual gain and a 2.9% increase over January.