Switching & Terminal

Commentary

Are You Ready for 2024?

Rail Equipment Finance 2024: Does anyone remember the saying “In Like a Lion—Out Like a Lamb”? Intermodal loadings ended 2023 on a strong note and started out 2024 positive as well. The

Commentary

Adapt or Decline

Growth has yet to materialize for the rail industry. What is holding this industry back? Can railroads grow again? If so, how? 2023 saw yet another decline in rail traffic volumes, continuing this industry’s decades-long gradual trend. What philosophy is leading to this outcome?

(Union Pacific Photograph)

AAR: Carloads Down, Intermodal Up for Week 10

U.S. rail traffic for the week ending March 9, 2024 (Week 10) was up 5% from the prior-year period, as intermodal gains more than offset carload losses, according to the Association of American Railroads’ (AAR) latest report.

BLET, B&E Ratify New Contract

The Brotherhood of Locomotive Engineers and Trainmen (BLET) and Genesee & Wyoming subsidiary Berkshire & Eastern Railroad have ratified a new agreement governing rates of pay, benefits and work rules for 32 members.

Senate Budget Committee Advances REEF Act

The Senate Budget Committee on March 6 voted unanimously to advance the bipartisan Railroad Employee Equity and Fairness (REEF) Act, which aims to protect railroad employees from cuts to unemployment and sickness insurance and eliminate mandated cuts to the Railroad Retirement Board’s Unemployment Insurance Account.