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BLET News

BLET’s LIRR members vote to authorize a strike at the right time and if needed; BLET-led coalition of rail unions, in an unusual move, call on the White House to establish a PEB

BLET National Vice President Jim Louis addresses the news conference regarding the ongoing LIRR contract dispute. ____________________ On Monday, September 15, after three years without a raise during a period of high inflation, Long Island Rail Road engineers...

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Daily Headlines

Wheeling & Lake Erie sold for $1.05 billion

(Railfan & Railroad Magazine, August 7, 2025) The Wheeling & Lake Erie, the over 800-mile regional railroad that runs through Ohio, West Virginia, Maryland, and Pennsylvania, is being sold to FTAI Infrastructure, Inc., for $1.05 billion. Once approved by...

CPKC reports Q2 2025 results

(Source: Canadian Pacific Kansas City press release, July 30, 2025) Canadian Pacific Kansas City (CPKC) today announced its second-quarter results, including revenues of $3.7 billion, diluted earnings per share (EPS) of $1.33 and core adjusted diluted EPS1 of $1.12....

CSX reports Q2 2025 results

(Source: CSX press release, July 23, 2025) CSX Corp. announced second quarter 2025 operating income of $1.28 billion compared to $1.45 billion in the prior year period. Net income was $829 million, or $0.44 per diluted share, compared to $963 million, or $0.49 per...

Norfolk Southern reports Q2 2025 results

(Source: Norfolk Southern press release, July 29, 2025) Norfolk Southern Corporation announced its second quarter 2025 financial results. For the quarter, revenue was $3.1 billion, income from railway operations was $1.2 billion, operating ratio was 62.2%, and diluted...

Union Pacific reports Q2 2025 results

(Source: Union Pacific press release, July 24, 2025) Union Pacific Corporation reported 2025 second quarter net income of $1.9 billion, or $3.15 per diluted share. Results compare to 2024 second quarter net income of $1.7 billion, or $2.74 per diluted share. Second...

SEPTA board approves budget with 45% service cuts

“This budget will effectively dismantle SEPTA — leaving the City and region without the frequent, reliable transit service that has been an engine of economic growth, mobility, and opportunity,” said SEPTA General Manager Scott A. Sauer.

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