U.S. railroad operators’ volume woes to continue next year

Oct 19 (Reuters) – Volume woes at U.S. railroad operators are set to spill into next year as labor shortages continue to hurt the sector that is critical in connecting consumers with businesses and finished goods, according to analysts.U.S. railroads have come under criticism from regulators and shippers for staffing cuts in pursuit of a leaner operating model that boosted profitability, but affected rail services.”While the labor environment does appear to be incrementally improving over the last several months, it will still take some time to see meaningful service improvement,” Wells Fargo said.Register now for FREE …
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