April 27, 2020 | Headlines, UP
(Source: Railway Age, April 21, 2020) NEW YORK — Every Union Pacific non-agreement employee has been hit with a RULA—“Required Unpaid Leave of Absence”—consisting of one week of unpaid leave during May, June, July and August; executives and board members will take a...
April 27, 2020 | Amtrak, Headlines
(Source: Boston Globe, April 24, 2020) BOSTON — Amtrak is expecting at least $700 million in losses with ridership dropping 95 percent across all routes as people abide by social distancing and stay-at-home orders during the coronavirus pandemic, according to company...
April 27, 2020 | Amtrak, Headlines
(Source: Adweek, April 24, 2020) WASHINGTON, D.C. — Many companies allow a new CEO to take a few weeks to ease into the job. William Flynn hasn’t had that luxury. Full story: www.adweek.com
April 27, 2020 | AAR Freight Trends, Headlines
(Source: S&P Global Platts, April 22, 2020) HOUSTON — U.S. coal carload originations fell to a 10-year low 48,423 in the week that ended April 18, down 7.7% from 52,468 a week earlier and 42.3% lower than the year-ago week, the Association of American Railroads...
April 27, 2020 | Headlines, UP
(Source: Reuters, April 23, 2020) NEW YORK — U.S. railroad operator Union Pacific Corp. topped Wall Street estimates for quarterly profit on Thursday, but withdrew its full-year operating ratio and volume forecasts as business shutdowns triggered by the coronavirus...
