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Norfolk Southern derailment: Union warns it lacks workers to install new safety tech - TL;DR CNBC

Norfolk Southern derailment: Union warns it lacks workers to install new safety tech

Publishing timestamp: 2023-03-08 22:42:06


Summary

The Association of American Railroads plans to install 1000 new heat detectors on lines, but the union tasked with installing them says it lacks workers to get the job done due to workforce reductions in recent years. There is no federal mandate for detectors to be inspected, but the Federal Railroad Administration recently released an advisory on maintenance of hot box detectors. Staffing levels have been a recent issue in clashes between rail management, unions, and government agencies overseeing major freight lines. Derailments across rail companies have increased in recent years, and there is concern that freight trains in the US are becoming longer, heavier, and faster while safety regulations have not been updated to meet such changes.


Sentiment: MIXED

Tickers: NSC

Keywords: norfolk southern corprailroadbusiness newstransportation

Source: https://www.cnbc.com/2023/03/08/union-warns-it-lacks-the-workers-for-new-freight-rail-safety-measures.html


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