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
Norfolk Southern changes expected rate of return
NORFOLK, Va. -- Citing its market outlook, Norfolk Southern Corp. lowered its expected long-term rate-of-return assumption on pension plans assets to 9%, reports Dow Jones Newswires. This action will result in a noncash increase of about $10 million in pretax...
Study supports Montreal to Boston high speed rail
MONTREAL -- The Montreal Gazette reported that a proposed Boston-to-Montreal high-speed rail line would be used by as many as 300,000 passengers a year, which is enough customers to justify further researching the project, according to a feasibility study. The study's...
UP, CPR alliance helps grain elevators expand customer base
GRAND FORKS, N.D. -- A unit train was loaded at James Valley Grain in Oakes, N.D., this week, the Grand Forks Herald reported. Normally, that's not a newsworthy event, but this was the first time in North Dakota a Union Pacific train was loaded at an elevator served...
Diesel fuel spill clean-up continues
TOPEKA, Kan. -- Clean-up crews are still working to clean up a massive diesel fuel spill from last Friday. The fuel came from a Burlington Northern Santa Fe locomotive that had been vandalized, television station WIBW reported. At least 1,000 gallons of diesel fuel...
Amtrak teeters on the brink
DENVER -- Travelers who want to see the West by passenger rail might want to take that picturesque trip soon, the Denver Post reported. Amtrak's financial troubles are no secret. "We obviously are in a struggle for survival," David Gunn, president and chief executive...
Heavy storms cause CSX derailments in Ohio
FOSTORIA, Ohio -- Laurie Kinn was waiting at a railroad crossing for a freight train to pass when a tornado lifted four rail cars off the track in front of her minivan and tossed them up the street, the Associated Press reported. "I threw my kids down on the floor of...
Grain moving again from western Canadian port
VANCOUVER, British Columbia -- According to Reuters, grain shipments resumed on Sunday from one of two idled ports of Canada's Pacific coast as workers and management agreed to let labor regulators decide part of their contract dispute. Locked-out terminal workers...
Teamsters organize port truck drivers
NORFOLK, Va. -- One of the nation's most powerful unions is making waves at the port of Hampton Roads, the Virginian-Pilot reported. The International Brotherhood of Teamsters hopes that organizing port truck drivers -- one of the port's few non-union work forces --...
City to consider plans for high speed rail
NORTH PORT, Fla. -- Florida's high speed rail system, approved by voters in the 2000 election, may be several decades away if it ever becomes reality, the Sun-Herald reported. But Tuesday, the North Port City Commission will look at the first step to one day making...
Railroaders foresee strong future
MANSFIELD, Ohio -- Freight trains aren't very visible to average Ohioans and probably don't get thought of much except when they happen to be filling up a rail crossing, the Mansfield News Journal reported. But they play an important role in the lives of just about...
