Employee headcount at the U.S. Class I railroads fell both year-over-year and sequentially in August, amid a rise in U.S. carload traffic but a decline in intermodal volumes.
Employees working at the U.S. operations of the Class I railroads in August totaled 114,431, a 2.83% decline from August 2020 and a 1.07% drop from July 2021, according to data submitted to the Surface Transportation Board.
The steepest declines year-over-year came from the maintenance of equipment and stores category and...
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