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
Railroad shares mixed at the close of April 26 trading
(The Associated Press circulated the following on April 26, 2010.) NEW YORK — Shares of some top railroads companies were mixed at the close of trading: CSX rose $.18 or .3 percent, to $57.00. Canadian National rose $.51 or .8 percent, to $63.41. Canadian Pacific fell...
Amtrak payments to freight rise 16% as on-time rate improves
(Bloomberg News circulated the following story by Angela Greiling Keane on April 26, 2010.) WASHINGTON, D.C. — Amtrak, the U.S. long-distance passenger railroad, paid freight railways 16 percent more last fiscal year to use their tracks, according to a report. Amtrak...
US railroads, customers in dispute over economic benefits of Positive Train Control
(Dow Jones Newswires circulated the following story by Josh Mitchell on April 27, 2010.) WASHINGTON, D.C. — U.S. freight railroads will send a study to the Obama administration this week asserting that the economic benefits of equipping trains with collision-avoidance...
KCS swings to 1Q profit as volume increases
(Dow Jones Newswires circulated the following on April 27, 2010.) NEW YORK — Kansas City Southern (KSU) swung to a first-quarter profit, beating analysts' estimates, as rail volume picked up. The regional railroad operator's profit dropped last year on fewer...
KCS reports 1Q revenue increase of 26%; Record operating ratio of 75.2%
(Kansas City Southern issued the following on April 27, 2010.) KANSAS CITY, Mo. — Kansas City Southern reported first quarter 2010 revenues of $436.3 million, a 26% increase compared to the corresponding 2009 period. Double digit revenue improvements were experienced...
Canadian National boosts 2010 guidance on strong 1Q
(Dow Jones Newswires circulated the following story by Caroline Van Hasselt on April 27, 2010.) TORONTO — Given the pace of the North American economic recovery, Canadian National Railway Co. (CNI) lifted its 2010 earnings outlook after reporting a 21% increase in its...
CN reports Q1-2010 net income of C$511 million, or C$1.08 per diluted share
(CN issued the following on April 26, 2010.) MONTREAL — CN (TSX: CNR)(NYSE: CNI) today reported its financial and operating results for the first quarter ended March 31, 2010. First-quarter 2010 highlights • Net income increased 21 per cent from the year-earlier...
BLET member among new shareholders to swell ranks of Buffett devotees
(The following story by Steve Jordon appeared on the Omaha World-Herald website on April 26, 2010. Dan Kusek is a member of BLET Division 622 in Alliance, Neb.) OMAHA, Neb. — Dan Kusek drove a coal train owned by Warren Buffett one day last week from Ravenna to his...
Railroad Retirement Board 2010 informational conferences
CLEVELAND, April 26 — The U.S. Railroad Retirement Board will hold free informational conferences throughout 2010 for elected officers of all railroad labor unions. The following is a list of informational conferences that have been scheduled thus far for 2010....
Cheers! Connecticut says Metro-North ‘bar cars’ not ending
(The Associated Press circulated the following on April 25, 2010.) STAMFORD, Conn. — A group representing Connecticut commuter rail passengers says it's been assured that it's not last call for bar cars on Metro-North Railroad's New Haven line. Jim Cameron, chairman...
