WASHINGTON — The U.S. Department of Transportation is launching the first step in a long-awaited National Multimodal Freight Network (NMFN), a project that will be used to prioritize federal money for freight infrastructure around the country.
A request for information scheduled to be published in the Federal Register on Friday will give the public 60 days to submit comments and data on the best way to identify freight facilities and corridors that will be used to create an NMFN map.
BNSF Railway, one of the largest freight railroads in the U.S., has reportedly furloughed hundreds of employees in Kansas, Montana, Nebraska and Texas.
The furloughs were announced Tuesday, with 362 workers reportedly losing their jobs, according to the Transportation Trades Department (TTD) with the AFL-CIO, the union representing the workers.
“BNSF Railway callously announced it has furloughed over 362 mechanical department positions at numerous locations across their system,” Greg Regan,...
https://www.freightwaves.com/news/mass-furloughs-reported-at-bnsf-railway-operations-in-4-states
The union representing almost 9,300 workers at Canada’s two biggest rail operators says the railroads are pushing toward a work stoppage after negotiations have deadlocked over issues of working conditions and wage increases.
“CN and CPKC aim to eliminate all safety-critical rest provisions from our collective agreements,” François Laporte, national president of Teamsters Canada, said in a news release on Monday. “These provisions are necessary to combat crew fatigue and ensure public safety. We...
https://www.freightwaves.com/news/teamsters-canada-warns-rail-strike-looms-over-pay-hours-at-cn-cpkc
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Canadian National Railway Co. (CN) on Tuesday reported revenue of CA$3.28 billion ($2.4 billion) in the fourth quarter and adjusted earnings per share of CA$2.02.
CN (NYSE: CNI) beat analysts’ expectations of EPS of CA$1.99 and revenue of CA$3.25 billion. For the year, the company reported revenue of CA$12.47 billion and profit of CA$4.17 billion, or CA$6.32 per share.
“These are the kind of results we can be very proud of in a challenging environment,” Tracy Robinson, CN president and CEO, said...
https://www.freightwaves.com/news/morgan-stanley-upbeat-on-cns-2024-growth-expectations
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U.S. Customs and Border Protection on Monday suspended freight rail operations at three border...
https://www.freightwaves.com/news/cbp-halts-freight-rail-operations-at-2-texas-ports-of-entry
In 2023, the Canadian commercial transportation industry witnessed everything from strikes at ports in British Columbia to protests from truck drivers fighting for unpaid wages to one of the biggest railroad mergers in North American history.
With 2023 coming to an end, FreightWaves has compiled the five biggest stories that shaped the Canadian transportation industry this year.
Canadian Pacific’s $31 billion acquisition of Kansas City Southern approved by regulators
The Surface Transportation...
https://www.freightwaves.com/news/top-us-canada-supply-chain-stories-of-2023
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