Brazen effort to bring sanity to cross-continental rail travel governs many aspects of life today By Kerry J. Byrne for foxnews.com American and Canadian railroads enacted time zones — a concept that schedules all aspects of life today — on this day in history, Nov. 18, 1883. The rail industry’s creation of time zones was a brazen attempt […]
Tag: railroads
Railroads back plan calling for 24% raises, but workers wary
Courtesy of the Associated Press The major freight railroads signaled they’re ready to negotiate a new deal with their workers based on a presidential report that calls for 24% raises, but the 12 unions involved in the stalled talks covering 115,000 workers still haven’t commented on the recommendations. The group that represents BNSF, Union Pacific, Norfolk […]
Biden Targeting Class I Rail Mergers: Report
Written by William C. Vantuono, Editor-in-Chief for railwayage.com The Biden Administration will shortly issue an Executive Order directing federal regulators to “confront consolidation and perceived anticompetitive pricing” in the railroad and ocean shipping and industries “as part of a broad effort to blunt the power of big business to dominate industries,” according to a July 8 Wall Street […]
Railroads vs. coronavirus: Not just truckers! Railroaders are heroes, too!
America’s railroad system is great—for freight
JUSTIN FOX Bloomberg Opinion The U.S. may lag on passenger rail, but it’s a world leader when it comes to moving stuff around. In most of the world’s affluent countries, railroads were either built by the government or eventually claimed by it. Beset by growing losses due to high labor costs, bureaucratic inefficiency, and the rise […]
Railroads risk market share by charging shippers excessive fees
The Surface Transportation Board (STB) held two days of hearings on accessorial and demurrage charges last week. What’s the strategic game theory play here? The railroads that are utilizing precision scheduled railroading (PSR) seem focused on changing customer behavior through aggressive penalties. According to testimony before the STB, this is being done at the railcar […]
How safe are America’s railroads?
Lesley Stahl reports on a recent string of crashes on US railroads and the delay in implementing life-saving technology that could have prevented them There have been a number of catastrophic train crashes in recent years that may seem to have been isolated incidents. But, it turns out, they are connected in an important way. […]