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Teamsters partner with military spouse employment program

(Source: International Brotherhood of Teamsters press release, October 24, 2017) WASHINGTON, D.C. — In the latest development with the Teamsters Military Assistance Program (TMAP), the union has officially partnered with the Department of Defense’s Military Spouse...

NS declares quarterly dividend

(Source: Norfolk Southern press release, October 24, 2017) NORFOLK, Va. — Norfolk Southern Corporation today announced the regular quarterly dividend of 61 cents per share on its common stock, payable on Dec. 11 to stockholders of record on Nov. 3. Since its inception...

KCS CEO: Mexico, NAFTA critical to Missouri economy

(Source: Opinion column by Kansas City Southern CEO Patrick J. Ottensmeyer, Kansas City Star, October 24, 2017) KANSAS CITY, Mo. — On Thursday, Kansas City welcomes the Mexican Ambassador to the United States, Gerónimo Gutiérrez Fernández, to our community. His visit...

STB: Class I employment fell in September

(Source: Progressive Railroading, October 23, 2017) Class Is employed 146,673 workers in the United States as of mid-September, down 0.44 percent since mid-August's employment figure and down 3.81 percent compared with mid-September 2016's level, according to Surface...

Rail industry phasing out DOT-111 tank cars ahead of deadline

(Source: Forum News Service, October 25, 2017) BISMARCK, N.D. — Amid declining shipments, the rail industry is phasing out “less-safe” tank cars carrying crude oil ahead of rapidly approaching deadlines to do so. The federally mandated deadlines to remove the DOT-111...

Deadly Lac-Megantic oil train disaster was an avoidable corporate crime

(Source: DeSmog Blog, October 24, 2017) NEW YORK — Damning new testimony from an engineer of the locomotive involved in the deadly 2013 oil train disaster in Lac-Mégantic, Canada, reveals several ways corporate cost-cutting directly led to the accident, which claimed...

CN reports 3Q 2017 net income of C$958 million

(Source: Canadian Pacific Railway press release, October 24, 2017) MONTREAL — CN today reported its financial and operating results for the third quarter ended Sept. 30, 2017. Financial results highlights (third quarter 2017 compared to third quarter 2016) • Net...

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