The seven largest freight railroads mildly increased their net hiring in November even as the overall U.S. jobless rate increased, the Surface Transportation Board reported.
Six of the Class I carriers told the STB they added a total of 757 workers from mid-October to mid-November, for a combined 155,042. A few of them barely increased their employment in the month, and eastern-U.S. railroad CSX Transportation trimmed its workforce slightly.
But the November gain also reflects a rebound from October, when net hiring was a weak 191 workers across the industry. With the latest report, Class I railroads have posted a net increase in U.S. employment in nine of the 11 months of 2010.
By The Numbers: U.S. Intermodal Container Traffic.
Those adding jobs through the first pay period of November included Union Pacific Railroad, BNSF Railway, Norfolk Southern Railway, and the U.S. operations of Kansas City Southern, Canadian Pacific and Canadian National.
The job gains come as Class Is have maintained solid momentum throughout the autumn in intermodal traffic, which has remained at high levels for the year even after the peak traffic weeks in late September and early October. Railroads have also seen solid volume for several types of carload freight shipments that are carried in regular freight cars and linked to the manufacturing sector.
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