7061 East Pleasant Valley Road, Independence, Ohio 44131 • (216) 241-2630 / Fax: (216) 241-6516

Membership
Benefits
News and Issues
Departments
Information
Secretary-Treasurer
Merchandise
Communications
FELA
Events
Links
User Info

Idled railcars reach two-year low

(The following appeared on the Journal of Commerce website on May 9, 2011.)

WASHINGTON, D.C. — North American railcars owners reduced their number of idled or stored units by 7,421 in April to 276,228, the lowest since cars in storage peaked at more than 500,000 in June and July 2009.

The Association of American Railroads in its latest Rail Time Indicators monthly report said railcar lease fleets, shippers and railroads cut the percentage of cars left inactive to 18.2 percent of the fleet as of May 1 across the U.S., Canada and Mexico. That’s down from 18.7 percent on April 1, 20.8 percent as January began and 31.9 percent when the recession hit its worst point for rail equipment.

Full story: www.joc.com

Tuesday, May 10, 2011

Like us on Facebook at
Facebook.com/BLETNational

Sign up for BLET News Flash Alerts

© 1997-2019 Brotherhood of Locomotive Engineers and Trainmen

 


Decertification Helpline
(216) 694-0240

Sign up for BLET
News Flash Alerts

DAILY HEADLINES

Homes evacuated, horses killed as UP ethanol train derails in Texas
Did heavy rainfall contribute to UP derailment, massive ethanol fire in Fort Worth?
Norfolk Southern coal volumes fall to three year low in Q1 2019
Tracks not all running smoothly for North American railroads in Q1 2019
Ceremony launches new CSX rail hub in Rocky Mount
Canadian Pacific “encouraged” by PSR adoption in U.S.
Norfolk Southern shares up as it eyes price hikes, cost cuts
Norfolk Southern profit increases 23 percent in 1Q 2019
Amtrak: Elimination of Hoosier State line could threaten jobs at Beech Grove yard
Rep. Sheila Jackson Lee, Houston residents push for study on rail yard contamination
Officials dedicate new multi-modal transfer station at Norfolk Southern tracks in Gainesville
Q&A: Comparison of benefits under Railroad Retirement and Social Security
Get the latest labor news from the Teamsters

More Headlines