SCS Weekly Rundown | March 5th, 2024

  Rail Layoffs Sweeping Through Four States

    BNSF Railway has furloughed nearly four hundred workers to 'operational changes'.

    In the face of declining revenues, BNSF Railway has initiated furloughs across Kansas,
    Montana, Nebraska and Texas, mainly affecting employees in the mechanical department.
    Coming off of a tough year, the company is offering transfer and retraining options, but
    union concerns over safety and job security continue to grow.

    Dive into the entire story here.
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  Teamsters' Seal Deal, Major Strikes Avoided

    A new agreement between the union and Anheuser-Busch ensures raises and more.

    In a landmark deal between the Teamster's and the Anheuser-Busch corporation, over
    five thousand U.S. workers will receive rate increases of more than twenty percent, with
    half of that kicking in immediately. This deal also includes improved job security, equal
    healthcare, pension enhancements and more vacation time.

    Get all the details on their new deal here.
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  Alternative Fuel Sources Gaining On Diesel

    The trucking industry is watching sources like electric and hydrogen close the gap.

    As the industry begins moving off diesel due to environmental and economic pressures,
    the rush to alternative options like electric, hydrogen and natural gas, has been significant.
    Advancements in battery technology and hydrogen fuel cells, paired with governmental
    incentives, continue to be the driving forces on this front.

    Explore these alternatives to diesel and more here.

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  Train Derailment During Rail Safety Meeting

    Norfolk Southern and Union Pacific are facing criticism after another derailment.

    In the wake of another incident this weekend in Pennsylvania, the pressure is mounting.
    Scrutiny from government officials highlights concerns over safety and management of
    personnel, amidst a proxy battle with activist investors who are calling for leadership
    changes at Norfolk Southern to improve safety and reliability.

    Learn about the latest updates to this story here.

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Dax Steenbergen