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
Canada government warns of delay in Senate on CP Rail back-to-work bill
(Source: Dow Jones, May 31, 2012) OTTAWA — Canadian Labor Minister Lisa Raitt said it is unlikely freight service at Canadian Pacific Railway Ltd. (CP) will resume Thursday due to delay tactics by opposition politicians in the upper house on a bill to end the...
BNSF announces capital improvement plan for California
(Source: BNSF Railway press release, May 29, 2012) FORT WORTH, Texas — BNSF Railway Company (BNSF) plans to invest an estimated $120 million on maintenance and rail capacity improvement projects in California this year. BNSF will install an automated gate system at...
Railroad stocks up at close of May 29 trading
(Source: Associated Press, May 29, 2012) NEW YORK — Shares of some top railroad companies were up at the close of trading on May 29, including Kansas City Southern, which rose 0.3 percent, and Union Pacific, which rose 1.2 percent. Full story: CBS News
California High Speed Rail Authority hires new CEO
(Source: San Francisco Chronicle, May 30, 2012) SAN FRANCISCO — The man who headed Caltrans under Gov. Gray Davis and helped overhaul the California High-Speed Rail Authority's business plan as a consultant was named the agency's new chief executive officer Tuesday....
Texas not ready for bigger ships that Panama Canal expansion will allow
(Source: Fort Worth Star-Telegram, May 27, 2012) FORT WORTH, Texas — Texas and other Gulf states may not be ready when their ship comes in. A massive expansion of the Panama Canal is on track to be completed in about two years, making it possible for huge ships often...
Union Pacific adds six tracks to Odessa rail yard
(Source: Standard-Times, May 27, 2012) ODESSA, Texas — Union Pacific is responding to unprecedented regional growth and increased traffic by adding six new tracks to its Odessa rail yard. The $10 million Odessa rail yard project, which includes the six new tracks and...
STB to act soon on shippers’ rail pricing complaints
(Source: Journal of Commerce, May 26, 2012) WASHINGTON, D.C. — According to the Journal of Commerce, the Surface Transportation Board will act soon on a compromise to balance pricing concerns of shippers and the need for railroads to stay profitable so they can invest...
CN, rail traffic controllers in Canada reach new contract
(Source: CN press release, May 28, 2012) MONTREAL — CN announced today that members of the Teamsters Canada Rail Conference-Rail Canada Traffic Controllers (TCRC-RCTC) have ratified a new collective agreement covering approximately 210 train dispatchers in Canada. The...
Massachusetts will cast wide net as it puts commuter rail operations out to bid
(Source: Boston Herald, May 27, 2012) BOSTON, Mass. — The MBTA has set in motion a process that could lead to a change in the private company that provides commuter rail service by sometime next summer. On Friday, the state will send out a request for qualified...
Coal-fired profits ebb for railroads
(Source: Reuters, May 28, 2012) CHICAGO — More cars, less coal. That sums up the shipping trends at the biggest U.S. railroads so far in the second quarter. Three of the biggest freight railroads — Kansas City Southern, Norfolk Southern Corp. and CSX Corp. — reported...
