Only Kansas City Southern and CN’s GTW didn’t make the cut Courtesy of trains.com Five of the seven Class I railroads operating in the U.S. were revenue adequate in 2021, the Surface Transportation Board said on Tuesday. Being revenue adequate means a railroads achieved a rate of return equal to or greater […]
Day: September 7, 2022
Potential rail strike threatens to kneecap US economy ahead of midterms
BY KARL EVERS-HILLSTROM for thehill.com A potential nationwide freight rail strike is looming, threatening to cripple the U.S. economy ahead of the holiday shopping season and November’s midterm elections. Roughly 115,000 rail workers could walk off the job as soon as Sept. 16 if they cannot agree to a new contract with railroads. […]