How Wall Street holds railroads hostage: Analysis

Man climbing on front steps of orange locomotive

The U.S. Class I railroads’ recurring crew shortages, related bouts of service problems, and a lack of meaningful volume growth are intertwined. You can lay the blame for all three problems at just one place: Wall Street. BNSF Railway, CSX Transportation, Norfolk Southern, and Union Pacific are in the midst of the mother of all […]

Read More…

Signal, communications workers begin strike against CN in Canada

Logo of the International Brotherhood of Electrical Workers, which includes lighting bolts held by a fist

MONTREAL — Members of the International Brotherhood of Electrical Workers have gone on strike against Canadian National Railway in Canada. The 750 signal and communications workers walked out as of 11 a.m. local time on Saturday, a union official confirmed to the CBC. The union had previously given the railroad a 72-hour notification of its […]

Read More…

Ethan Allen Express extension to Burlington, Vt., to begin July 29

Ethan_Allen_Hartley

BARRE, Vt. — Amtrak’s Ethan Allen Express will extend service from its current northern endpoint of Rutland to Burlington, Vt., with additional stops in Vergennes and Middlebury, as of July 29, 2022, the Vermont Agency of Transportation has announced. The extension follows extensive work to upgrade track infrastructure between Rutland and Burlington to accommodate higher train […]

Read More…

Federal directives order MBTA to address safety issues

Light rail vehicle in subway station

WASHINGTON — The Federal Transit Administration has issued four special directives to the Massachusetts Bay Transportation Authority, giving the transit agency periods ranging from 24 hours to 30 days to address safety concerns. Those concerns address procedural issues revealed by a series of five runaway-train incidents in yards since February 2021; maintenance procedures and programs; […]

Read More…

Mediation ends in rail contract negotiations; arbitration offered

Crew member on ground next to locomotive

WASHINGTON — The National Mediation Board will end mediation between railroads and their unions over the long-running negotiations for a new national contract, moving the contract process closer to intervention by President Joe Biden. The organization representing railroads in the negotiations, the National Carriers’ Conference Committee, said in a press release that it was “disappointed […]

Read More…