The U.S.-based Class I railroads have been taking steps this week to prepare for a potential strike by union members after midnight Friday by embargoing security-sensitive material and even winding do
One of the labor unions representing U.S. railroad workers said Wednesday its members rejected a tentative agreement its leaders had reached, a setback in efforts to avoid a potential strike that wou
Shipping by rail is less expensive than trucking and is approximately four times more fuel-efficient per ton-mile. Norfolk Southern Corporation's automotive-related freight is set to recover after bei

US Rail Strike Could Cost $2 Billion a Day

12:14pm, Wednesday, 14'th Sep 2022
US railroads are poised to stop shipments of farm products and other key goods starting Thursday as the industry braces for a possible labor strike that could cost the world's biggest economy more tha
Shares of railroad operators fell Wednesday, helping drag the Dow Jones Transportation Average DJT, -1.02% down by 1.3% in midday trading despite a 39-point gain in the Dow Jones Industrial Average DJ
Railroads have already started diverting freight. A strike could cost the U.S. economy more than $2 billion a day.

Countdown to massive rail strike

06:53pm, Tuesday, 13'th Sep 2022
CNBC's Lori Ann Larocco reports on a pending rail strike. With CNBC's Melissa Lee and the Fast Money traders, Karen Finerman, Julie Biel, Tim Seymour and Brian Kelly.
Operations by railroads like UNP, NSC and CSX will be disrupted if the strike materializes. This, in turn, will deal a massive blow to the economy.
Freight railroads said they are planning to halt the transport of hazardous materials and sensitive cargoes, such as chemicals used in fertilizer and chlorine for water purification, as they continue�
Biden administration officials have begun to prepare for a strike that could shut down thousands of freight trains as well as disrupt passenger operations.
S. railroad strike may be imminent as freight union talks continue Yahoo Finance's Dani Romero joins the Live show to discuss the imminent strike facing the U.S. railroad industry and the effects it c
The Class I railroads are preparing to adjust operations in the event a strike occurs on Friday, saying they will suspend the shipments of security-sensitive and hazardous material. A late-day Friday
U.S. Class I railroads remain optimistic that hiring initiatives and operational changes should bring about improved service for the remainder of the year and into 2023, according to top executives' r
Investors should keep tabs on dividend-growth railroad stocks like Union Pacific (UNP) and Norfolk Southern (NSC).
There's a new way ports, ocean carriers and rails are move shipping containers across the U.S. as a result of West Coast port congestion.
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