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Class I employment up in October 2022

(Source: Progressive Railroading, November 22, 2022) Class Is employed 118,208 people as of mid-October, a 0.53% increase from mid-September employment levels and a 3.53% increase year over year, according to Surface Transportation Board data. Five of six employment...

STB sets hearing on UP’s embargo practice

(Source: Progressive Railroading, November 23, 2022) The Surface Transportation Board yesterday announced that it will hold a public hearing Dec. 13-14 with Union Pacific Railroad pertaining to the Class I’s increased use of embargoes as a way to reduce rail...

STB chairman blasts railroads for deep personnel cuts

(Source: Freight Waves, November 16, 2022) The chairman of the federal Surface Transportation Board got up Wednesday in front of a room full of railroad executives, analysts and customers and ripped the industry to shreds. Martin Oberman offered his verdict on why...