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
RRB: Working after retirement
(Source: Railroad Retirement Board press release, December 14, 2016) CHICAGO — Retirees, and those planning retirement, should be aware of the railroad retirement laws governing benefit payments to annuitants who work after retirement. The following questions and...
An iconic piece of NY’s Penn Station is fading into history on Monday
(Source: www.nj.com, January 19, 2017) NEWARK, N.J. — The big board that commuters gather under at New York's Penn Station to find out what track their train is leaving from is fading into history starting Monday. Amtrak crews will start disassembling the iconic...
UP reports 4Q profits up, but shipping volumes down again
(Source: Omaha World-Herald, January 19, 2017) OMAHA, Neb. — Union Pacific said Thursday fourth-quarter profit rose, even as shipping volumes fell for an eighth-straight quarter after declines in five of the six major cargo categories. Full story: Omaha...
Amtrak may relocate half its Denver workforce to Nebraska
(Source: Denver Post, January 19, 2017) DENVER, Colo. — Amtrak hopes to save nearly $1 million a year by moving half of its Denver-based train crew to Lincoln, Neb. Full story: Denver Post
BNSF announces 2017 plan for capital investments
(Source: BNSF press release, January 19, 2017) FORT WORTH, Texas — BNSF Railway Company (BNSF) today announced its 2017 capital expenditure plan will be approximately $3.4 billion. “Each year we establish a capital plan that reflects the future needs of our customers...
Mexican peso’s slump weighs on KCS results
(Source: Reuters, January 20, 2017) CHICAGO — Kansas City Southern on Friday reported a lower quarterly net profit that missed Wall Street estimates by a wide margin as a historic drop in the Mexican peso after the election of President-elect Donald Trump affected the...
BNSF identifies 2 railroad workers killed in South Dakota
(Source: Associated Press, January 19, 2017) EDGEMONT, S.D. — BNSF Railway has released the names of two employees who were struck and killed by a train in South Dakota. The railroad on Thursday identified the victims as 35-year-old gang foreman Richard Lessert and...
It takes 8 rich guys to equal half of the world’s wealth
(Source: International Brotherhood of Teamsters press release, January 18, 2017) WASHINGTON, D.C. — The public in recent years has become increasingly aware of the growing divide when it comes to the rich and everyone else. But a new report by the charity Oxfam really...
CSX will reportedly evaluate views from Harrison, Mantle Ridge hedge fund
(Source: Street Insider, January 19, 2017) NEW YORK — CSX said in an email obtained by Bloomberg that will actively evaluate Mantle Ridge's views and discuss its core strategy with the hedge fund. CSX's board remains supportive of its strategic growth strategy, which...
CSX stock price jumps 20 percent on Harrison reports
(Source: Reuters, January 19, 2017) JACKSONVILLE, Fla. — Shares of CSX Corp soared 20 percent on Thursday after an activist investor's plan to shake up the U.S. rail operator fueled speculation that the company was once again a takeover target. Full story: Yahoo...
