January 21, 2021 | BNSF, Headlines
(Source: Freight Waves, January 20, 2021) CHATTANOOGA, Tenn. — Privately held Western U.S. railroad BNSF expects to spend $2.99 billion in 2021 for capital projects that will upgrade and maintain the company’s rail network. Full story: Freight...
January 21, 2021 | AAR Freight Trends, Headlines
(Source: Freight Waves, January 20, 2021) CHATTANOOGA, Tenn. — Higher intermodal and grain volumes boosted U.S. rail traffic last week, with weekly volumes rising nearly 6% compared with the same period last year. Full story: Freight Waves
January 21, 2021 | Headlines, Whistleblower
(Source: International Brotherhood of Teamsters press release, January 20, 201) WASHINGTON, D.C. — The following is a statement from Teamsters General President Jim Hoffa on President Biden’s selection of James Fredricks and Joseph Hughes to serve in top positions in...
January 21, 2021 | Headlines, STB
(Source: Progressive Railroading, January 20, 2021) U.S. Class Is employed 117,770 people in mid-December 2020, up 2.44% from mid-November 2020, but down 10.43% compared with the same period in 2019, according to Surface Transportation Board (STB) data. Two workforce...
January 21, 2021 | Headlines, UP
(Source: Union Pacific press release, January 21, 2021) OMAHA, Neb. — Union Pacific Corporation today reported 2020 fourth quarter net income of $1.4 billion, or $2.05 per diluted share. These results include a previously announced $278 million pre-tax, non-cash...
