A new CPKC rail connection is expanding Bienville Lumber’s distribution network as the Louisiana sawmill works to more than double annual output.
News in transportation
Logistics Managers’ Index Shows Tight Transportation Conditions in June
The LMI showed tight transportation conditions in June, with pricing near a record high, capacity lower, and utilization at an eight-year high, FreightWaves reported.
CPKC Implements Contingency Plans Following IBEW Strike
CPKC has implemented contingency plans to maintain rail operations across Canada after approximately 300 IBEW members began a strike on May 31.
CPKC Receives 72-Hour Strike Notice From IBEW
CPKC received a 72-hour strike notice from the IBEW, which plans to begin a work stoppage on May 31 if negotiations fail.
Two Unions Reject Proposed CPKC Contract Consolidation Agreements
CPKC workers rejected proposed agreements that would have consolidated 11 contracts into two hourly rate agreements covering 1,700 employees, Progressive Railroading reported.
Canadian Railroad Freight Movement Falls Year-Over-Year in March
Canadian railways transported 32.5 million tons of freight in March, down 2.5% year-over-year, as coal and wheat shipments declined.
CPKC Reaches Tentative Long-Term Labor Agreements With Two Unions
CPKC reached tentative long-term labor deals with SMART-TD and BLET, covering 1,700 US workers and consolidating 11 contracts into two agreements.
Canadian Rail Traffic Rises in February
Canadian rail traffic reached 29.4 million tons in February, up 9.8% year-over-year, with gains across commodities, containers, and US cross-border freight.
US Truck Rates Rise in Q1 Even as Shipment Volumes Decline
US truckload rates climbed in Q1 even as shipment volumes declined, driven by tighter capacity rather than stronger demand, FreightWaves reported.
Rising Fuel and Materials Costs Weigh on Construction Profitability
Diesel prices jumped 42.3% to $5.29 per gallon, while construction materials costs hit a near-term high, ConstructConnect reported.