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Class I September employment down from August count

(Source: Progressive Railroading, October 21, 2020) Class Is as of mid-September employed 118,123 people, down 0.3% from mid-August’s level and down 13.69% from September 2019’s count, according to Surface Transportation Board (STB) data. Four of six...

STB: Five Class Is were “revenue adequate” in 2019

(Source: Progressive Railroading, October 2, 2020) The Surface Transportation Board (STB) announced yesterday that BNSF Railway Co., CSX, Norfolk Southern Railway’s combined subsidiaries, Canadian Pacific’s Soo Line Corp. and Union Pacific Railroad...