U.S. weekly rail traffic drops 3.2% vs. last year

4 of 10 commodity groups posted an increase vs. prior year, includes: grain (up 2,039 carloads to 26,624), coal (up 1,766 carloads to 66,485), and nonmetallic minerals (up 463 carloads to 31,558) Commodity groups that posted decreases included chemicals (down 3,081 carloads to 31,074); motor vehicles and parts (down 1,030 carloads to 13,631); and forest … Read more

Devastating pre-holiday rail strike looms after unions reject deal — will Biden force workers back?

The prospect of a potentially devastating rail workers strike is looming again. Fears of a strike in September 2022 prompted the Biden administration to pull out all the stops to get a deal between railroads and the largest unions representing their employees. That deal hinged on ratification by a majority of members at all 12 … Read more

What a looming rail strike could mean for the American economy

American consumers and nearly every industry would be affected if rail unions and railroads fail to agree on a new contract soon, an outcome that would bring freight trains to a grinding halt next month. One of the biggest rail unions rejected its deal Monday, joining three others that have failed to approve contracts over … Read more

U.S. grain futures slip on rail strike threat, EU wheat talk

Breadcrumb Trail Links PMN Economy PMN Business Author of the article: Publishing date: Nov 22, 2022  •  0 minutes ago  •  1 minute read Join the conversation Article content CHICAGO, Nov 22 (Reuters) – Chicago Board of Trade grain futures eased on Tuesday, amid growing concern over a Financial Post Top Stories Sign up to receive … Read more

Northern England hit hardest by decline in UK rail services

When Ruth Ibegbuna moved to the pretty West Yorkshire town of Todmorden, on the railway line between Manchester and Leeds, she did so for its beautiful backdrop and what she was assured were solid transport links. But services have proven far from reliable and she is appalled by the chaos that has ensued as cancellations … Read more

EU’s road and rail infrastructure must be revised for military purposes – Borrell — RT World News

The bloc should find a way to quickly move resources to the East, says the top diplomat The EU Commission and top diplomat Josep Borrell have proposed a new Military Mobility action plan aimed at improving the bloc’s ability to quickly transfer large amounts of military equipment and troops to its Eastern borders. Borrell announced … Read more

Rail union approves deal offering hope of avoiding strike

Breadcrumb Trail Links PMN Business Author of the article: The Associated Press Josh Funk Publishing date: Nov 05, 2022  •  10 minutes ago  •  3 minute read  •  Join the conversation Article content OMAHA, Neb. (AP) — Another one of the 12 railroad unions narrowly approved its deal with the major freight railroads Saturday, offering some … Read more

Labor Secretary says Congress needs to block rail strikes without new deals

New York CNN Business — Labor Secretary Marty Walsh says he hopes negotiators between railroads and some rail unions can reach new labor deals and avert a possible strike. But he said without a deal he expects Congress will step in and impose contracts on the unhappy rank-and-file union members. The statement is a blow … Read more

Pakistan, China to build rail project worth $10 billion to link Karachi with Peshawar

Pakistan PM Sharif will be visiting Beijing with a high-powered delegation from November 1, where minutes of the Joint Coordination Committee meeting will be signed. Pakistan PM Sharif will be visiting Beijing with a high-powered delegation from November 1, where minutes of the Joint Coordination Committee meeting will be signed. Ahead of Pakistan Prime Minister … Read more