January 23, 2023 | Headlines, PSR, STB, UP
(Source: Supply Chain Dive, January 20, 2023) Federal regulators will closely monitor railroads’ use of embargoes following uproar over a major carrier’s move to limit traffic in the upper Midwest. Surface Transportation Board Chairman Marty Oberman said Thursday that...
January 23, 2023 | Headlines, PSR, STB, UP
(Source: Railway Age, January 20, 2023) The Surface Transportation Board (STB) on Jan. 20 denied Union Pacific’s (UP) motion for a protective order regarding documents requested at a hearing on the railroad’s institution of embargoes. Full story: Railway...
January 19, 2023 | FRA, Headlines, PSR
(Source: Trains Magazine, January 17, 2022) The head of the Federal Railroad Administration has warned Class I railroads that it will take enforcement action if they don’t make recommended improvements to their engineer and conductor training and certification...
January 19, 2023 | AAR Freight Trends, Headlines, PSR
(Source: Railway Age, January 18, 2023) For the week ending Jan. 14 (Week 2), total U.S. rail traffic was down 1.7% compared with the same week last year; carloads came in 4.2% higher while intermodal dipped 7.0% compared to 2022, according to the Association of...
January 18, 2023 | BNSF, CSX, Headlines, NS, Ports, PSR, Shippers, UP
(Source: Freight Waves, January 16, 2023) The near-term future of freight rail might be one marked by collaboration, whether that’s through private or public partnerships among other supply chain stakeholders or between the railroads themselves as they compete against...
January 18, 2023 | Headlines, PSR, Quarterly Income
(Source: Dow Jones, January 17, 2023) Railroad earnings season kicks off this month with rail companies likely to cite the impact of the extreme cold that hit much of the U.S. at the end of 2022. Full story: www.morningstar.com
January 17, 2023 | Headlines, PSR, Shippers, STB, UP
(Source: Bloomberg News, January 16, 2023) Union Pacific Corp and poultry producer Foster Farms say enough corn shipments have been made to replenish feed stocks after delayed trains in recent months caused inventories to drop to critical levels. Full story: The...
January 13, 2023 | AAR Freight Trends, Headlines, Ports, PSR
(Source: Trains Magazine, January 12, 2023) Rail traffic is expected to have another tough year as intermodal, carload, and coal traffic will all struggle to show growth. North American rail traffic was down 1.9% overall last year, according to the Association of...
January 13, 2023 | Headlines, PSR, UP
(Source: Trains Magazine analysis by Bill Stephens, January 11, 2023) It’s fitting that Union Pacific’s logo is a shield. The beleaguered railroad needs one given the barrage of arrows coming its way. UP has a long list of problems, many of them self-inflicted as a...
January 13, 2023 | AAR Freight Trends, Headlines, PSR
(Source: Progressive Railroading, January 12, 2023) U.S. railroads moved 416,489 carloads, containers and trailers for the first week of 2023, a 5.5% decrease compared with the first week of 2022, according to Association of American Railroads data. Total carloads...
