April 13, 2020 | Headlines, UP
(Source: Freight Waves, April 10, 2020) CHATTANOOG, Tenn. — The second and third quarters could see “substantial” declines in revenue for the Class I railroads as North America rides out the coronavirus pandemic, according to Wall Street analysts’ perspectives,...
April 13, 2020 | AAR Freight Trends, Headlines
(Source: Railway Age, April 8, 2020) NEW YORK — The Association of American Railroads (AAR) reported U.S. rail traffic for the week ended April 4, 2020, and it acknowledged that COVID-19 is increasingly impacting the rail industry. For the week ended April 4, total...
April 13, 2020 | Headlines, TTD, Unions
(Source: AFL-CIO Transportation Trades Department press release, April 9, 2020) The Honorable Ronald Batory Administrator Federal Railroad Administration U.S. Department of Transportation 1200 New Jersey Avenue, SE Washington, DC 20590 Dear Administrator Batory: On...
April 13, 2020 | BNSF, Headlines, UP
(Source: Cowboy State Daily, April 9, 2020) CHEYENNE, Wyo. — A Wyoming legislator is urging Gov. Mark Gordon to ensure rail workers’ safety during the coronavirus pandemic, reiterating to the governor how important the industry is to Wyoming. Full story: Cowboy State...
April 9, 2020 | Headlines, Oil Train
(Source: Bloomberg, April 9, 2020) NEW YORK — The next step for some U.S. refineries that have already cut way back may be a full stop. Marathon Petroleum Corp. plans to idle its Gallup, New Mexico, refinery next week, according to a person familiar with the matter....