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
Union Pacific CEO: Major rail mergers ‘don’t make sense’
(Source: Reuters, October 23, 2014) NEW YORK — The chief executive of No. 1 U.S. railroad Union Pacific Corp said on Thursday that he does not think mergers of major railroads "make sense" because of the regulatory hurdles they face and the service issues they create....
As clock winds down, CP Rail’s Harrison hunts for his dream deal
(Source: Reuters Canada, October 17, 2014) TORONTO/CHICAGO — Veteran railroad boss Hunter Harrison has won over many critics since taking over as chief executive of Canadian Pacific Railway, but he still has unfinished business - creation of a consolidated North...
CP Rail profit up 23% on better efficiency
(Source: Canadian Press, October 21, 2014) CALGARY — Canadian Pacific Railway had $400 million of net income in the third quarter — up 23 per cent from last year on higher revenue and improved efficiency but short of the profit growth that analysts had been...
UP surcharge raises intermodal freight costs
(Source: Capital Press, October 22, 2014) OMAHA, Neb. — On Oct. 1 UP began charging a $300 surcharge for 40 foot/45 foot containers exceeding 26 tons and a $200 surcharge for 20 foot containers exceeding 22 tons. The company said the surcharge will allow it to...
Amtrak brings passengers, revenue to Southern Illinois
(Source: The Southern, October 23, 2014) CARBONDALE, Ill. — Many times over the years, Amtrak has struggled. As cars became a way of life and air travel grew in popularity, fewer people rode on the passenger trains. Many train stations in Southern Illinois stopped...
Editorial: Fort Worth must not be forgotten as Dallas-Houston high-speed rail plans unfold
(Source: Fort Worth Star-Telegram, October 22, 2014) FORT WORTH, Texas — Many local and state officials say Texas’ first high-speed rail line will be a 240-mile stretch connecting Houston and Dallas, the most lucrative route for a private company that wants to build...
Texas bullet train meeting focuses on rail stations
(Source: San Marcos Mercury, October 22, 2014) SAN MARCOS, Texas — The first public meeting on a private company’s plan to build a bullet train between Houston and Dallas drew unanimous support for the multibillion-dollar project, but also repeated warnings from...
New Jersey facing hefty price tag for new rail tunnels
(Source: NJ Spotlight, October 22, 2014) MONTCLAIR, N.J. — With the two century-old tunnels that carry Amtrak and NJ Transit trains into New York City badly damaged by superstorm Sandy and facing eventual year-long shutdowns for needed repair, Amtrak officials are...
Metro-North was rife with problems before accident, NTSB documents show
(Source: The Journal News, October 23, 2014) NEW YORK — The break in a bar joining railroad tracks that derailed a Metro-North train in Bridgeport, Connecticut last year, causing an accident that injured dozens, came not long after other joint bars had broken in the...
CSX CEO says rail merger deals would face tough scrutiny
(Source: Associated Press, October 21, 2014) OMAHA, Neb. — CSX railroad's top executive said Wednesday regulators are likely to be reluctant about consolidation among the major industry players because they remain concerned about service. Full story:...
