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U.S. rail headcount reaches new low

(Source: Freight Waves, October 29, 2019) CHATTANOOGA, Tenn. — In September, the U.S. operations of the Class I railroads employed the fewest number of workers in years, according to data from the Surface Transportation Board. The railroads had 136,865 employees on...

Slump persists for North American rail volumes

(Source: Freight Waves, October 24, 2019) CHATTANOOGA, Tenn. — North American rail volumes are still slumping amid expectations that fourth-quarter rail traffic will remain subdued through the end of the year. Year-to-date U.S. rail volumes, which represent 73% of...

We are in a freight recession

(Source: Railway Age, October 23, 2019) NEW YORK — No news is good news—or at least that’s how it seems when the Association of American Railroads (AAR) reports on U.S. rail traffic. But according to some industry analysts, the U.S. Class I freight rail industry is in...

U.S. rail volumes still falling

(Source: Freight Waves, October 17, 2019) CHATTANOOGA, Tenn. — Year-to-date U.S. rail volumes continue to be lower compared with the same period in 2018 amid persistent economic uncertainty. For the week ending October 12, the U.S. operations of the Class I railroads...