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Balanced Reporting. Trusted Insights.
Wednesday, March 29, 2023
The nation’s largest railroads, aided by low summer demand and intense recruiting initiatives, have made progress in shrinking the formidable freight backlogs that congested their lines this spring. But 62,000 engineers and conductors could once again throw the rail system into disarray if they go on strike Friday.
The four largest U.S. railroads are optimistic about their plans to recruit more workers headed into the fall harvest, but Surface Transportation Board Chairman Martin Oberman has expressed concern about how ready the railroads are.
The nation's four largest railroad companies have revealed their plans to address the persistent shipping delays plaguing their networks and all rely on one key ingredient: labor.
The Surface Transportation Board on Monday told four major railroads that their plans for improving shipping delays were inadequate and ordered the companies to provide key information the agency demanded in May.
The Surface Transportation Board, looking to end rail delays that have snarled agricultural shippers, ordered four major railroads on Friday to submit service recovery plans and to temporarily report biweekly on their progress in making improvements.
WASHINGTON, Oct. 18, 2017 – CSX Transportation says criticisms of its recent rail system performance are merited, but they’re going to stick with a turnaround plan that shippers and others say is light on necessary data.
