STB board member Oberman feels board should promote rail competition NEWSWIRE

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EVANSTON, Ill. — The Surface Transportation Board, which regulates the nation’s rail industry, ought to make competition among the railroads its “guiding light,” according to one of the board’s newest members, who also believes shippers “have very little bargaining power” with freight haulers. And while Class I railroads easily garner the nation’s attention, the importance […]

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Precision Scheduled Railroading moves south of the border NEWSWIRE

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KANSAS CITY – Kansas City Southern is introducing precision scheduled railroading to subsidiary Kansas City Southern de Mexico. The first phase is scheduled for about Nov. 18, officials say, with full implementation by January 2020. KCS is launching PSR in Mexico “to improve service and achieve our vision to consistently be the fastest-growing, best-performing, most […]

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UP says more layoffs coming as traffic declines NEWSWIRE

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CHICAGO — More layoffs are coming at Union Pacific as traffic volume continues to fall amid global trade disputes, tougher competition from trucks, and the ongoing slide in coal. By the end of the year, UP expects its workforce to be at least 18% below the levels of the fourth quarter of 2018, Jennifer Hamann, […]

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