Class I rail headcount plunges to new low in November

A photograph of a train crossing over a bridge. The train is hauling intermodal containers.

Employee headcount among the U.S. operations of the Class I railroads in November was at its lowest level since at least early 2012.

U.S. operations of the Class I railroads employed 114,960 in mid-November, which is 13.7% lower than November 2019 and 1.58% lower than October, according to data submitted to the Surface Transportation Board

November’s total is the lowest in 2020 and the lowest total since January 2012, which is the earliest date for which FreightWaves has data.

All six employee...

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