BLET News
No Results Found
The page you requested could not be found. Try refining your search, or use the navigation above to locate the post.
Daily Headlines
CSX’s new CEO will get $5 million in salary and bonus
(Source: Jacksonville Business Journal, March 8, 2017) JACKSONVILLE, Fla. — CSX Corp. has agreed to pay new CEO Hunter Harrison an annual base salary of $2.2 million and a $2.8 million bonus that would be guaranteed for 2017, according to a filing with the Securities...
Export grain buyers shifting to Gulf ports as PNW delays persist
(Source: Railway Age, March 7, 2017) NEW YORK — Brutal winter weather threatens to further delay export grain shipments by rail and vessel loading at Pacific Northwest ports, but that could be a boon to maritime centers along the Gulf Coast. Full story: Railway Age
Siemens rolls out first Cascades Charger locomotive
(Source: Railway Gazette, March 8, 2017) WASHINGTON, D.C. — The first of eight SC-44 Siemens Charger diesel-electric locomotives ordered by Washington State Department of Transportation has been rolled out at the manufacturer’s Sacramento plant. The locomotives are to...
CT governor urges FRA to focus on NEC repairs
(Source: Associated Press, March 7, 2017) HARTFORD, Conn. — Connecticut Gov. Dannel P. Malloy is urging the Federal Railroad Administration to focus on overdue investments needed to ensure the Northeast rail corridor is in a state of good repair and can handle...
Two juveniles responsible for placing incendiary devices near MBTA tracks, causing brush fire
(Source: Television station WFXT, March 8, 2017) BOSTON — MBTA Transit Police detectives have identified two juveniles responsible for incendiary devices placed near train tracks in Concord, police said early Wednesday morning. The two devices were placed near the...
Hoffa: New DOT report fails to recognize benefit of well-rested truckers
(Source: International Brotherhood of Teamsters press release, March 7, 2017) WASHINGTON, D.C. — The following is a statement from Teamsters General President James P. Hoffa on a new Department of Transportation (DOT) report that states truck drivers experienced no...
CSX bets up to $300 million on Harrison
(Source: Bloomberg, March 7, 2017) NEW YORK — At stake for Hunter Harrison as he tries to whip CSX into shape is compensation of more than $200 million and perhaps — according to an estimate last month by the railroad — as much as $300 million. Here’s what to watch as...
Analysis: Harrison lands CSX job by quickly giving up on NS
(Source: Forbes, March 7, 2017) NEW YORK — The dead CP-NS merger revealed a disinterest in Washington or among customers for consolidation among Class-I railroads. This seemingly insurmountable challenge left Canadian Pacific without bargaining power and Harrison was...
CSX train derails in New York, spills sulfuric acid
(Source: Associated Press, March 7, 2017) NEWBURGH, N.Y. — A CSX freight train carrying hazardous materials slammed into a vehicle that was being driven across the tracks on Tuesday and derailed, spilling sulfuric acid. State police said that the train derailed after...
Bus stuck on tracks in Mississippi hit by CSX train; 4 dead and 40 injured
(Source: Associated Press, March 7, 2017) BILOXI, Miss. — A CSX freight train smashed into a charter bus in a coastal Mississippi city on Tuesday, pushing the bus 300 feet down the tracks and leaving at least four people dead, authorities said. A witness told the Sun...
