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Daily Headlines
Editorial: In the House, a transportation train wreck
(Source: Los Angeles Times, February 3, 2012) LOS ANGELES — On Tuesday, the House Republican leadership unveiled its version of a five-year transportation funding bill. It isn't just that this bill is so thoroughly partisan that it has no chance of being approved by...
KCS EVP Ottensmeyer performs payment of tax liability with 108 shares of KCS stock
(Source: MMDnewswire.com, February 1, 2012) KANSAS CITY, Mo. — Patrick Ottensmeyer performed a payment of a tax liability by selling 108 shares of Kansas City Southern (KSU) stock as noted in an SEC Filing today. Patrick Ottensmeyer's title was listed as "EVP - Sales...
RailAmerica to acquire Wellsboro and Corning Railroad
(Source: RailAmerica press release, February 1, 2012) JACKSONVILLE, Fla. — RailAmerica announced that it has signed an agreement to acquire a seventy-percent interest in the Wellsboro and Corning Railroad ("WCOR") and Industrial Waste Group ("IWG") from Myles Group...
Buffett: Pipeline allegations off-track
(Source: Omaha World-Herald, February 1, 2012) LINCOLN, Neb. — Warren Buffett is rejecting claims that he railroaded the rejection of the Keystone XL pipeline in order to benefit his BNSF Railway. Full story: Omaha World-Herald
BNSF plans $3.9 billion capital commitment
(Source: Fort Worth Star-Telegram, February 1, 2012) FORT WORTH, Texas — BNSF Railway Co. said Wednesday that it plans a 2012 capital commitment of about $3.9 billion, $400 million over what it spent in 2011. About $2.1 billion will go to BNSF's core network and...
Teamsters fight against reckless push to allow heavier, bigger trucks
(Source: International Brotherhood of Teamsters press release, February 2, 2012) WASHINGTON, D.C. — Teamsters General President Jim Hoffa joined Sen. Frank Lautenberg, D-N.J., Rep. James McGovern, D-Mass., highway safety advocates and family members of truck crash...
Labor doesn’t love House transportation bill
(Source: Politico.com, February 2, 2012) WASHINGTON, D.C. — The House Transportation and Infrastructure Committee takes up its part of a five-year, $260 billion highway/transit/rail bill today. Lots of interest groups are coming out against certain provisions in the...
House GOP’s bill tweaks union unions to detriment of labor
(Source: USA Today, February 2, 2012) WASHINGTON, D.C. — The Federal Aviation Administration would get a four-year authorization after years of temporary extensions, under a compromise that congressional negotiators announced Tuesday. The bill sets a new requirement...
Hoffa: Indiana law on right to work for less is attack on working families
(Source: International Brotherhood of Teamsters press release, February 1, 2012) WASHINGTON, D.C. — Teamsters General President Jim Hoffa today denounced Indiana Gov. Mitch Daniels’ signing of so-called “right-to-work” legislation into law as an attack on the millions...
Indiana governor signs ‘right-to-work’ bill, but foes vow to continue fight
(Source: Indianapolis Star, February 2, 2012) INDIANAPOLIS — Before the ink dried on Gov. Mitch Daniels' signature making Indiana the 23rd "right to work" state in the nation, advocates on both sides were looking ahead to how the new law will affect Hoosiers....