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Daily Headlines
FRA tackles workplace electronic device danger
(Source: Railway Age, November 16, 2012) NEW YORK — Federal Railroad Administrator Joseph C. Szabo Friday joined senior railroad industry leaders and labor officials to launch a collaborative effort to educate and raise awareness among rail industry employees of the...
BLET National Division office holiday hours
CLEVELAND, November 21 — In observance of the Thanksgiving holiday, the BLET National Division office will be closed on Thursday, November 22 and Friday, November 23. Regular business hours will resume on Monday, November 26. BLET National President Dennis R. Pierce...
Railroad stocks mostly down at close of November 20 trading
(Source: Associated Press, November 20, 2012) NEW YORK — Shares of some top railroad companies were mixed at the close of trading on November 20, including Norfolk Southern, which was down 1.9 percent, and Union Pacific, which rose 0.3 percent. Full story: CBS...
JP Morgan: Buy BNSF rail debt, sell Canadian National
(Source: Bloomberg News, November 20, 2012) NEW YORK — Warren Buffett’s railroad debt is a better investment for bond buyers than Canadian National Railway Co., JPMorgan Chase & Co. said. The extra yield that Burlington Northern Santa Fe’s 10- and 30-year bonds pay...
Canadian National picks up business abandoned by Canadian Pacific
(Source: Reuters, November 20, 2012) MONTREAL — Canadian National Railway Co is gaining modestly from markets abandoned by smaller competitor Canadian Pacific Railway Ltd, CN's chief marketing officer said on Tuesday. Full story: Reuters
Opinion: Post-Sandy, NJ Governor. Christie should support trans-Hudson rail tunnel
(Source: Newark Star-Ledger, November 21, 2012) NEWARK, N.J. — Gov. Chris Christie’s sudden embrace of President Obama following Hurricane Sandy’s crushing blow was a memorable surprise during Election 2012’s final week. Now, as New Jersey commuters continue...
Audio: Thanksgiving week the busiest time of year for Amtrak
(Source: Missourniet.com, November 21, 2012) JEFFERSON CITY, Mo. — Amtrak has seen record ridership on the Wednesday before Thanksgiving for years, but offials say that trend is shifting. Amtrak spokesman Marc Magliari says traditionally today — the day before...
Teamsters’ statement on failed mediation between Hostess and Bakers Union
(Source: Official statement of Teamsters General Secretary-Treasurer Ken Hall, November 20, 2012) WASHINGTON, D.C. — Today, Teamsters General Secretary-Treasurer Ken Hall made the following statement regarding the announcement that Hostess Brands Inc. and the Bakery,...
Sandy relief: Teamsters keep on truckin’ supplies
(Source: Teamster Nation, November 20, 2012) WASHINGTON, D.C. — If you wonder why we keep telling you about all the Teamsters volunteering for Superstorm Sandy relief, it's because the need continues to be tremendous. Our brothers and sisters and their families are...
NJ Transit boss defends decision to leave trains in area hit hard by Sandy flooding
(Source: Newark Star-Ledger, November 21, 2012) NEWARK, N.J. — The executive director of NJ Transit is defending the agency's decision to leave trains in rail yards that ended up under water during Hurricane Sandy, saying those locations had no history of flooding and...
