Day: June 10, 2022

Third week of NMB sessions concludes; unions again call for proffer of arbitration

The United Rail Unions issued the following statement June 9, 2022: The rail unions who are bargaining as part of the Coordinated Bargaining Coalition (CBC) and the Brotherhood of Maintenance of Way/SMART Mechanical Coalition concluded their third week of compulsory joint National Mediation Board-mediated negotiations with the National Carriers’ Conference Committee (NCCC) yesterday. These joint […]

Cost pressures prompt Union Pacific to reduce financial outlook

By Bill Stephens for trains.com Railroad faces rising costs from record fuel prices, overall inflation, and congestion Union Pacific has lowered its financial expectations for this year in light of rising fuel prices, inflation, and the impact of its sluggish operations. It’s now unlikely that UP will reach an operating ratio of around 55% for […]

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