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
CP reports 2Q 2015 diluted earnings share of C$2.36
(Source: Canadian Pacific Railway press release, July 21, 2015) CALGARY, Alberta — Canadian Pacific Railway Limited today announced the highest-ever net income for the second quarter and the lowest operating ratio for the period in the company's history. Net income...
CP Rail stock plunges after forecast cut, departure of Board members
(Source: Financial Post, July 22, 2015) OTTAWA — Canadian Pacific Railway Ltd.’s chairman and another member of its board resigned “over disagreements relating to corporate governance matters” Tuesday, shaking shareholder confidence as the railway cut its full-year...
CP Rail plans to eliminate another 200-300 jobs
(Source: Global News, July 21, 2015) CALGARY — Canadian Pacific Railway Ltd. is planning more job cuts as the company faces lower than expected freight volumes and earnings. President and chief operating officer Keith Creel says the company plans to slash 200 to 300...
FRA to railroads: Notification of crude oil trains to states must continue
(Source: Federal Railroad Administration press release, July 22, 2015) WASHINGTON, D.C. — The Federal Railroad Administration (FRA) today sent a letter again instructing railroads transporting crude oil that they must continue to notify State Emergency Response...
Feds warn railroads to comply with oil train notification requirement
(Source: McClatchy News Service, July 22, 2015) WASHINGTON, D.C. — The U.S. Department of Transportation warned railroads that they must continue to notify states of large crude oil shipments after several states reported not getting updated information for as long as...
Opinion: Nothing smart about cutting Amtrak
(Source: Opinion column by Laura Weis in The Southern Illinoisan, July 19, 2015) CARBONDALE, Ill. — Clearly, the state of Illinois is in a fiscal crisis. It is incumbent upon our elected leaders to fix the crisis and turn the state around. We cannot cut our way out of...
Former Vermont transportation chief to push for resumption of train service to Montreal
(Source: Associated Press, July 19, 2015) MONTPELIER, Vt. — A former Vermont transportation secretary is coming out of retirement to help plan resumption of passenger train service between the northeastern United States and Montreal. Full story: Toronto Star
TCRC-Maintenance of Way Division ratifies five-year agreement with Ontario Northland
(Source: Ontario Northland Transportation Commission press release, July 16, 2015) NORTH BAY, Ontario — Northland Transportation Commission (Ontario Northland) and Teamsters Rail Conference Maintenance of Way Employees Division (TCRC MWED) announced today the...
STB to hold revenue adequacy hearing, reports employment slips in mid-June
(Source: Progressive Railroading, July 20, 2015) The Surface Transportation Board (STB) will hold a public hearing Wednesday and Thursday to examine railroads' "revenue adequacy" and issues related to how the board calculates the railroad industry’s cost of equity...
Fewer passenger, freight rail delays due to drilling decline
(Source: Associated Press, July 14, 2015) BISMARCK, N.D. — Delays in Amtrak service and agricultural product shipping have eased across the Upper Midwest in part because weak oil prices have prompted a drilling slowdown in North Dakota, officials say. Full story:...
