Railroaders place to shoot the shit.

Members Login
Username 
 
Password 
    Remember Me  
Burning Journal -> Other Railroad News -> Jobs in T&E rise. A bit, but still nothing ta throw a party over!
Post Info TOPIC: Jobs in T&E rise. A bit, but still nothing ta throw a party over!
Uke


Cured

Status: Offline
Posts: 26926
Date:
Jobs in T&E rise. A bit, but still nothing ta throw a party over!
Permalink  
 

Class I train crew employment up 2.58% in March E-mail

In the key category of transportation (train and engine)train operating crewsemployment rose to57,807 in March, a 2.58% increase over February.

This was about double the rate of increase for all employment. That figure increased 1.13% to 147,966 in March, according to a report posted Tuesday on the Surface Transportation Board's website.

All categories of railroad employment ran below last year's levels in March:

* Executives, officials, and staff assistants8,966, down 10.16%.

* Professional and administrative13,243, down 2.05%.

* Maintenance of way and structures33,466, down 3.49%.

* Maintenanxce of equipment and shores28,036, down 5.75%.

*Transportation (other than train and engine)6,418, down 9.68%.

*Transportation (train and engine)57,807, down 3.50%.

 

The employment index, based on1967 as 100, was24.3 in March compared with 24 in February and 23.7 in January.



__________________

Hmm. That address doesnt look right.
It looks like the link pointing here was faulty.

Gah. Your tab just crashed.
Uke


Cured

Status: Offline
Posts: 26926
Date:
Permalink  
 

But big investment advisories see railroads doing quite well, in spite of the overall economy.



J.P. Morgan sees better profits for railroads

(8:22 AM ET) NEW YORK (MarketWatch) -- J.P. Morgan analysts on Friday raised their 2010 and 2011 profit outlooks for the major railroads in the U.S. and Canada, including Canadian National Railway Co. /quotes/comstock/13*!cni/quotes/nls/cni (CNI 61.09, -2.32, -3.66%) , Canadian Pacific Railway Ltd. /quotes/comstock/13*!cp/quotes/nls/cp (CP 57.87, +0.58, +1.01%) , CSX Corp. /quotes/comstock/13*!csx/quotes/nls/csx (CSX 55.72, -1.28, -2.25%) , Norfolk Southern Corp. /quotes/comstock/13*!nsc/quotes/nls/nsc (NSC 60.30, +0.65, +1.09%) and Union Pacific Corp. /quotes/comstock/13*!unp/quotes/nls/unp (UNP 76.07, -1.04, -1.35%) . "Volume trends...appear likely to be better than our prior forecasts for the next several quarters," analysts said. "Our sense is that there is room for the railroads to sustain stronger price-to-earnings ratio valuation."

__________________

Hmm. That address doesnt look right.
It looks like the link pointing here was faulty.

Gah. Your tab just crashed.
Page 1 of 1  sorted by
 
Quick Reply

Please log in to post quick replies.
Burning Journal -> Other Railroad News -> Jobs in T&E rise. A bit, but still nothing ta throw a party over!
Chatbox
Please log in to join the chat!