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
Once in high demand, North Dakota oil by rail shunned on East Coast
(Source: Reuters, January 25, 2016) NEW YORK — In 2012, Plains All American bought a shuttered Virginia refinery for $300 million to use as a terminal and storage hub, betting that East Coast refiners would need to look beyond their own rail yards to satisfy their...
NJ Transit to restore most service today after massive snowstorm
(Source: www.nj.com, January 25, 2016) NEWARK — After being suspended for much of the weekend amid a huge, historic snowstorm, NJ Transit said most of its regular service will be restored in time for Monday morning's commute. Full story: www.nj.com
Amtrak announces modified service restoration plan following winter storm
(Source: Amtrak service alert, January 24, 2016) WASHINGTON, D.C. — Amtrak will continue operating a modified schedule in mid-Atlantic region, following a winter storm. Acela Express, Northeast Regional and other services between Boston and Washington D.C., and...
SEPTA working to get back to normal service after winter storm
(Source: CBS Philadelphia, January 25, 2016) PHILADELPHIA — SEPTA is working on getting things rolling again following this weekend’s massive snowstorm. Riders are still dealing with residual delays on their bus, trolley and rail lines. Full story: CBS...
New York subways, Metro-North, LIRR mostly return to normal after winter storm
(Source New York Times, January 24, 2016) NEW YORK — Most commuters in Connecticut, Westchester County and Long Island can breathe a sigh of relief, the Metropolitan Transportation Authority said on Sunday. Full story: New York Times
CP Rail shares surge on speculation it may drop NS bid
(Source: Bloomberg News, January 22, 2016) NEW YORK — Canadian Pacific Railway Ltd. surged the most in more than two years as speculation mounted that the company may drop its attempt to purchase Norfolk Southern Corp. Full story: Globe and Mail
Railroads have deep ties to Illinois politicians
(Source: Better Government Association, January 24, 2016) CHICAGO — For railroads, 2015 was an eventful year, with Congress dedicating more than $10 billion toward rail and other freight infrastructure projects and acquiescing to demands by the rail industry to extend...
Transcript of KCS 4Q 2015 earnings report conference call
(Source: The Street, January 24, 2016) NEW YORK — A transcript of Kansas City Southern’s fourth quarter 2015 earnings report conference call is now available. Representing KCS on the call were: Dave Starling; Kansas City Southern; CEO; Pat Ottensmeyer; Kansas City...
KCS reports 4Q and full-year 2015 results
(Source: Kansas City Southern press release, January 22, 2016) KANSAS CITY, Mo. — Kansas City Southern (KCS) reported fourth quarter 2015 revenues of $598 million. Overall, carload volumes were 2% lower than in fourth quarter 2014. Excluding the estimated impacts of...
Five quick fixes that could help NY’s Penn Station right now
(Source: www.nj.com, January 21, 2016) NEWARK, N.J. — Commuters are used to being told to suffer in the short term, while waiting for long term solutions to their daily problems, such as New York Gov. Andrew Cuomo's $3 billion plan to make-over Penn Station. But...
