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Daily Headlines
Lac Megantic disaster prompts new safety rules, higher costs for oil trains
(Source: Bloomberg News, October 18, 2013) NEW YORK — New rules will boost costs to transport crude by rail in North America as trains are forecast to carry as much as 2 million barrels a day. Regulators in Canada and the U.S. imposed emergency requirements and may...
AAR: Railroad report increase in rail traffic over 2012 for week ending October 12
(Source: Association of American Railroads press release, October 17, 2013) WASHINGTON, D.C. — The Association of American Railroads (AAR) reported increased weekly rail traffic for the week ending October 12, 2013 with total U.S. weekly carloads of 285,372 carloads,...
Union Pacific posts bigger profit on automobiles, chemicals
(Source: Reuters, October 17, 2013) NEW YORK — Union Pacific Corp said on Thursday that it expected its freight rates to rise more slowly in 2014 than this year, sending its shares down more than 3 percent. The U.S. railroad posted higher third-quarter revenue as it...
CSX hopeful despite slowdown for coal
(Source: Associated Press, October 17, 2013) OMAHA, Neb. — CSX Corp. remains optimistic the railroad's profits will improve over the next two years even though coal demand has remained stubbornly weak. Officials at the Jacksonville, Fla.-based railroad said Wednesday...
Opinion: Tea Party holds most blame for government shutdown
(Source: USA Today, October 18, 2013) WASHINGTON, D.C. — Before we pop the corks and celebrate the end of the latest self-inflicted political crisis in Washington, let's put to rest one persistent theme: that both sides were to equally to blame. Reporters on the...
Government shutdown cost billions in wages, spending and more
(Source: USA Today, October 18, 2013) WASHINGTON, D.C. — The 16-day government shutdown cost the economy jobs, delayed mortgages and lost retail sales — at least $12 billion worth, and maybe as much as $24 billion. Full story: USA Today
Artist captures a different side of Youngstown representative Bob Hagan
(Source: WFMJ, October 16, 2013. BLET Editor's Note: Bab Hagan is a member of BLET Division 757 and a CSX locomotive engineer.) COLUMBUS, Ohio — Wearing a railroad engineer's cap and standing in front of smoke belching steel plants, State Representative Bob Hagan...
University of Louisville plans exhibit on L&N Railroad
(Source: Courier-Journal, October 16, 2013) LOUISVILLE, Ky. — The Archives and Special Collections at the University of Louisville will open a free multi-gallery exhibit celebrating its extensive collection of Louisville & Nashville Railroad materials Nov. 6. The...
Fast-food giants make billions while their workers use billions in welfare benefits
(Source: AlterNet, October 15, 2013) WASHINGTON, D.C. — Wages at America’s fast-food chains are so low that millions of employees have been receiving at least $7 billion a year in welfare benefits between 2007 and 2011, according to a new study by University of...
Oregon rancher, railroad settle dead cattle lawsuit
(Source: Associated Press, October 16, 2013) PORTLAND, Ore. — A Klamath Falls rancher and the Union Pacific have settled a legal battle over 24 cattle of an ancient breed that were hit by a train and killed. The terms were not disclosed, and the railroad admitted no...
