Four rail labor groups have banded together to warn regulators about potential post-merger efforts to trim labor costs, while investment banking firm Cowen says regulators’ denial of CN’s voting trust signals that CN will have to make a strong case for its proposed merger.
Company responds to Senate hearing alleging spying and market distortion by China.
The states of Illinois, Nevada and Washington are seeking to push ahead with state laws requiring a train crew size of at least two individuals, despite a federal declaration saying that such laws have been voided.
Nevada joins Colorado in requiring freight trains to have at least two crew members on board. Meanwhile, preliminary data from the Surface Transportation Board shows April rail headcount level to be the lowest so far in 2019 and since January 2017.
