Domestic News
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Chemical shippers give railroads low marks for their service, with the majority experiencing moderate to severe delays, reduced local service, and missed switches. |
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CSX has promoted Sean R. Pelkey, a 16-plus-year company veteran, to Executive Vice President and Chief Financial Officer. |
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Rail shippers expect price increases of 4.5% over the next 6-12 months, up 30 bps sequentially and above both our survey’s 3.4% five-year average and long-term 10-year average of 3.6%. |
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California Gov. Gavin Newsom last week announced a multi-agency effort in conjunction with Union Pacific Railroad to combat a recent surge in Los Angeles rail-car thefts. |
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The National Transportation Safety Board (NTSB) used the fifth anniversary of a deadly railroad worker accident to advocate for recommendations that would address worker safety. |
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In 2021, imports came in at 4.58 million TEUs, a 14.6% increase over the prior-year period, and exports were 1.44 million TEUs, a 2.6% decline. |
International News
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A group of pro-democracy hackers calling themselves “Cyber Partisans” said Monday they had infiltrated the Belarusian rail network in an effort to “disrupt” the movement of Russian troops into the country as tensions over a potential renewed invasion of Ukraine grow. |
