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Daily Headlines

Canadian crude by rail exports jump 83 percent in 4Q 2013

(Source: Reuters, May 5, 2014) CALGARY, Alberta — Canadian exports of crude oil by rail rose 83 percent in the last quarter of 2013 from the same period a year earlier, Canada's National Energy board said on Monday. Full story: Reuters

BLET moves toward arbitration in SEPTA contract dispute

(Source: Progressive Railroading, May 5, 2014) The Brotherhood of Locomotive Engineers and Trainmen (BLET) has formally accepted the National Mediation Board's (NMB) proffer of arbitration regarding the union's unresolved contract dispute with the Southeastern...

Medicare for railroad families

(Source: U.S. Railroad Retirement Board press release, April 9, 2014) CHICAGO -- The Federal Medicare program provides hospital and medical insurance protection for railroad retirement annuitants and their families, just as it does for social security beneficiaries....

Warren Buffett’s Berkshire Hathaway reports 4% dip in Q1 2014 profit

(Source: Reuters, May 3, 2014) OMAHA, Neb. — Warren Buffett's Berkshire Hathaway Inc on Friday said quarterly profit declined 4 percent, falling short of analyst forecasts, as earnings from insurance underwriting declined and bad weather disrupted shipping at its BNSF...

Senators ask BNSF for better Montana service

(Source: Billings Gazette, May 2, 2014) BILLINGS, Mont. -- Rail shipping delays are hurting Montana's economy and need to improve, the state's U.S. senators told BNSF on Friday. In a letter to Burlington Northern Sante Fe President Carl Ice, Sens. Jon Tester and John...

Drones could patrol Union Pacific lines from the air

(Source: Bloomberg, May 5, 2014) OMAHA, Neb. -- Union Pacific Corp., the railroad created with a stroke of Abraham Lincoln’s pen, is now tinkering with the next wave of transportation technology: drones. Equipped with a camera, the shoe-box-sized aircraft would be...

Trains carrying oil cause concern in North Jersey

(Source: The Record, May 4, 2014) Trains carrying millions of gallons of highly combustible crude oil are passing through neighborhoods in Bergen County every day, even as federal officials are questioning the safety of such rail shipments after a spate of explosive...

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