Tag: railroads

On this day in history, Nov. 18, 1883, North American railroads create time zones, reshape global life

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 […]

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!

  Posted by Jim Wrinn on Saturday, March 28, 2020 for cstrains.com             As we endure the evolving Coronavirus pandemic, railroads are not getting their due in the general media for the role they play in the economy. They’re not getting noticed for moving the coal that keeps the lights on […]

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 […]

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November 2023