(Source: Freight Waves, June 19, 2020)
CHATTANOOGA, Tenn. — Rail employment in the U.S. Class I operations fell below 120,000 workers in May, reaching a new low as the railroads trimmed their workforce levels to match the steep declines in rail volumes. Of May’s total, headcount levels within the train and engine crew category, which tends to be more sensitive to demand for freight rail service, totaled 43,660, a whopping 25.7% decrease from 60,256 in May 2019 and a 10.3% decline from April 2020.
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