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Daily Headlines
Canadian Pacific boosts dividend; announces buyback
(Bloomberg News circulated the following article by Vivek Shankar on March 1.) CALGARY -- Canadian Pacific Railway Ltd., the country’s second-largest railroad, raised its quarterly dividend 20 percent and said it would buy back as much as 3.5 percent of its shares....
House eases rules on union organizing
(The Associated Press circulated the following article on March 2.) WASHINGTON -- Democrats rewarded organized labor Thursday for helping them retake control of Congress, passing a House bill that would make it easier for workers to start unions against companies’...
House Democrats unveil new energy plan
(Reuters circulated the following article on March 2.) WASHINGTON -- Democrats in the U.S. House of Representatives on Thursday unveiled a bill that would spend about $15 billion to double U.S. automobile fuel efficiency, expand ethanol distribution and build more...
CN Rail derailment disrupts Toronto area trains
(Reuters circulated the following article on March 1.) TORONTO -- A freight train derailed on Canadian National Railway Co.’s main line just east of Toronto on Thursday, fouling commuter and passenger rail service just as a storm hit the region. Canadian National said...
BLET proposes fix to Laredo’s rail crossings woes
(The following story by Scott Shaffer appeared on the Laredo Morning Times website on March 1. Terry Briggs is Chairman of the BLET’s Texas State Legislative Board.) LAREDO, Texas — A union of locomotive engineers and trainmen proposed several ideas to reduce the...
Daylight Saving Time to Begin March 11, Expand by Four Weeks in 2007
(The Department of Transportation issued the following news release on February 28.) WASHINGTON -- The U.S. Department of Transportation issued a reminder today that daylight saving time will begin at 2:00 a.m. on Sunday, March 11, three weeks earlier than in recent...
Union coalition reaches tentative agreement with railroads
(The Rail Labor Bargaining Coalition circulated the following news release on February 28.) WASHINGTON – An alliance of seven national railroad unions reached tentative agreement February 28 with the nation’s freight railroads on a new collective bargaining pact – the...
UP on track as ports try to go ‘green’
(The following article by Kristopher Hanson was posted on the Long Beach Press Telegram website on March 1.) LONG BEACH, Calif. -- Everybody doing business these days in the port seems to be jumping on the “green” train. But for Union Pacific, they mean it literally....
Feds will fund $16M for Hudson tunnel
(The Associated Press circulated the following article on February 1.) NEWARK, N.J. -- The federal government will fund an initial $16 million in preliminary engineering costs for a $7.5 billion tunnel that would connect New York and New Jersey under the Hudson River,...
Railroads, 7 unions reach labor accord
(Bloomberg News circulated the following article on March 1.) WASHINGTON -- U.S. railroads reached a tentative agreement on wages and benefits Wednesday with seven unions representing 66,000 workers, the National Carriers Conference Committee said. The accord with the...
