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
Oil by rail industry in North America begins 2014 with another spectacular crash
(Source: Vancouver Observer, January 15, 2014) VANCOUVER, B.C. -- North America’s frenzied oil-by-rail industry began the new year in the same way it ended the old one—with a spectacular derailment and fire of oil train cars on the outskirts of a small community. It’s...
Report: Metro-North’s New Haven Line needs $3.6 billion to maintain service over next 20 years
(Source: Stamford Advocate, January 16, 2014) STAMFORD, Conn. -- Rail commuters on Metro-North's New Haven Line will face continuing disruptions and delays over the next 20 years without an additional $3.6 billion to maintain the railroad's basic dependability,...
MTA rejects proposed series of raises for LIRR workers, maintaining possibility of a summer strike
(Source: New York Daily News, January 15, 2014) NEW YORK -- MTA Labor Relations Director Anita Miller notified the National Mediation Board that the authority would not enact a contract settlement for the commuter railroad that was crafted by an independent panel. The...
New crude oil tank car rules not likely until 2015
(Source: Pioneer Press, January 16, 2014) WASHINGTON, D.C. -- New regulations to upgrade or replace thousands of tank cars prone to punctures and explosions similar to what happened in the fiery Casselton, N.D., train crash won't be coming as soon as lawmakers and...
Regulators knew about risky transport of oil before train crashes, documents show
(Source: NBC News, January 16, 2014) NEW YORK -- Documents obtained by NBC News through a Freedom of Information Act request show that regulators had been aware of problems within the industry for some time, including overloading, mislabeling of highly flammable...
Coal volumes weak as CSX 4Q 2013 profit misses Wall Street mark
(Source: Reuters, January 15, 2014) NEW YORK -- CSX on Wednesday posted a fourth-quarter profit that fell short of Wall Street's estimates as rising shipments of chemicals, autos and agricultural products failed to make up for weak coal volumes. The company said it...
CSX announces 4Q, full-year 2014 earnings
(Source: CSX press release, January 15, 2014) JACKSONVILLE, Fla. -- CSX Corporation today announced fourth-quarter 2013 net earnings of $426 million, or $0.42 per share, down slightly from $449 million, or $0.44 per share in 2012. Prior year results included after-tax...
FY14 appropriations good for TIGER, Amtrak
(Source: Railway Age, January 15, 2014) NEW YORK -- Congressional conference committee members cobbling together an actual fiscal year 2014 federal budget have reportedly agreed on budgetary numbers fairly favorable to Amtrak and Transportation Investment Generating...
Battle of words over California high-speed rail erupts at Capitol Hill hearing
(Source: McClatchy News Service, January 15, 2014) WASHINGTON, D.C. -- House lawmakers grilled state and federal officials, and some of their own colleagues, about California's high-speed rail program in a three-hour hearing Wednesday looking at the future of the...
House panel hearing focuses on California bullet train finances
(Source: Los Angeles Times, January 15, 2014) WASHINGTON, D.C. -- The California bullet train agency is continuing to meet its financial obligations under federal grants that are providing $3.2 billion to the project, but the state has not indicated how it will pay...
