Tag: furloughs

U.S. railroad Amtrak warns of 2,400 additional job losses without new bailout

By David Shepardson for reuters.com (Reuters) – U.S. government-supported passenger railroad Amtrak said on Thursday that without a new government bailout it could be forced to cut more spending and train services which could lead to the loss of another 2,400 jobs. Amtrak last month told Congress it needs up to $4.9 billion in government […]

Union Pacific profit tumbles 28%

But railroad exec hopeful that second half won’t be as weak OMAHA, Neb. — Union Pacific’s second-quarter profit fell 28% from a year ago as carload revenue tumbled in the coronavirus pandemic. The railroad said Thursday that it expects improvement in the second half with full-year carload volumes to be down around 10% compared with […]

[Action Alert!] Tell Congress to fund Amtrak and save our jobs!

Amtrak workers have been deemed an essential service and have been working throughout this pandemic. Hundreds of Amtrak workers have contracted COVID-19, but have continued to work despite the risks. Amtrak is now announcing they’ll need to furlough 20% of the workforce, and dramatically reduce long-distance services. Amtrak is using the pandemic to reduce or […]

Union Pacific blames COVID-19 for new round of layoffs

By Melanie Standiford for knopnews2.com Union Pacific officials say due to the coronavirus pandemic driving volume down, fewer trains are running, requiring the Union Pacific to reduce the workforce in the mechanical department Monday. Union Pacific spokeswoman, Raquel Espinoza said the Union Pacific is experiencing volume declines as the COVID-19 pandemic continues to impact the country. “We […]

Union Pacific shutters operation of multimodal service Cold Connect

By Clarissa Hawes for freightwaves.com Customers were notified early May 8 that Union Pacific (NYSE: UNP) was ceasing operations of its multimodal service Cold Connect, which offered end-to-end transportation service for refrigerated loads. UP spokeswoman Kristen South confirmed the closure, citing sluggish market conditions as a result of the coronavirus pandemic. On “Friday, May 8, we notified employees […]

Unions to FRA: Railroads must recall furloughed workers before seeking safety waivers

A coalition of rail labor organizations is asking the Federal Railroad Administration (FRA) to ensure freight railroads are recalling furloughed workers before seeking waivers from federal safety regulations. In an April 9 letter to Federal Railroad Administrator Ronald Batory, the unions said there “must be a strong burden of proof for rail carriers to demonstrate that there is a […]

Railroad History Suggests Federal Bailouts Could Spell Doom for Airlines

The ultimate lesson of James J. Hill and his Great Northern Railroad is that the “winners” government picks today are the “losers” of tomorrow.   A famous saying, especially prescient in times like this, is “those who do not learn from history are doomed to repeat it.” Last month, Congress mortgaged the nation’s future in […]

CN scales back operations as volume falls, will idle section of former BC Rail

By Bill Stephens for trntrains.com Canadian National continues to scale back its operations as traffic declines amid the coronavirus pandemic. The railroad furloughed several hundred people in the past week, on top of the 1,400 who were furloughed in the past couple of weeks, CEO JJ Ruest said on an investor webcast Thursday. CN’s traffic was […]

Number of employees at Class 1 railroads drops in October

Written by David C. Lester, Managing Editor The number of Class 1 railroad employees dropped again in October, with the total number at 134,582, according to the U.S. Surface Transportation Board data and reporting by FreightWaves. This level is a drop of 1.7% since September and a 9.5% drop compared to October 2018. The decline […]

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TCU/IAM members take advantage of discounted activities with Union Plus!

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