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North American Railroad Shipper Survey
RBC Dominion Securities this week released its RBC Compass, 2015 North American Railroad Shipper Survey. The survey taps into the views of the Class 1 railroads’ top customers, with key findings focusing on shippers’ expectations for 2015 regarding: the direction of rail rates; volume growth; and service performance. This year, the survey also solicited shippers’…
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Transportation Crisis, Canada
Leaders of the union representing 3,000 conductors, yard workers, and traffic coordinators at the railway will meet on Friday to decide whether to strike or take other action after union members narrowly rejected a second tentative contract deal with Canada’s biggest railway. The Teamsters Canada Rail Conference said in a statement that it still has…
