Union Pacific and Norfolk Southern announced an agreement to create America’s first transcontinental railroad.
News in transportation
Union Pacific and Norfolk Southern May Announce Merger as Early as This Week
Bloomberg sources report that Union Pacific and Norfolk Southern could announce a tentative merger agreement as early as this week, according to FreightWaves.
Canadian Railroad Volume Trends Higher in May
Overall gains were partially offset by a 13.2% year-over-year drop in lumber loadings, the seventh straight month of annual declines.
Union Pacific Exploring Acquisition of Norfolk Southern
Union Pacific is exploring a potential acquisition of Norfolk Southern to create a $200 billion coast-to-coast rail network, Reuters reported.
CSX Locomotive Engineers Ratify Five-Year Labor Agreement
CSX announced that employees represented by the Brotherhood of Locomotive Engineers and Trainmen (BLET) have voted to ratify the five-year collective bargaining agreement.
Arbitrator Sets New CPKC Agreements With Two TCRC Divisions
CPKC said it has received an arbitrator’s ruling establishing new collective bargaining agreements with two TCRC divisions.
BNSF and Yardmasters Announce Ratification of New Five-Year Agreement
The agreement covers more than 320 yardmasters and aligns with the national bargaining pattern while also incorporating other work rule/process modernization.
CSX and Locomotive Engineers Reach Tentative Five-Year Agreement
CSX reached a tentative agreement with the Brotherhood of Locomotive Engineers and Trainmen on a new five-year single-system agreement.
CSX Reaches 5-Year Agreements With Signalmen and Boilermakers Unions
New five-year agreements with the Brotherhood of Railroad Signalmen and the International Brotherhood of Boilermakers, Iron Ship Builders, Forgers & Helpers have been ratified.
Canadian Rail Cargo Volumes in February at Lowest Level Since 2019
The volume of cargo reached 26.7 million tons in February, down 12.9% year-over-year—the steepest annual decline in three years.