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
Police union says Amtrak cuts will jeopardize safety, security
(Source: New York Post, May 3, 2019) NEW YORK — Amtrak plans to cut its nation-wide payroll over the next three years — including potentially dangerous 20 percent reductions in its police force set to begin next month, The Post has learned. Full story: New York...
U.S.-China trade uncertainty weighs on grain volumes
(Source: Freight Waves, May 3, 2019) CHATTANOOGA, Tenn. — The uncertainty over whether and when the U.S. and China will reach a trade agreement this year is creating a cloudy outlook for grain volumes this fall. So far this year, U.S. grain shipments via rail are...
CSX CEO says company is operating “better than at any time in its history”
(Source: Jacksonville Daily Record, May 3, 2019) JACKSONVILLE, Fla. — CSX Corp.’s virtual shareholders meeting Friday morning was much shorter than the typical annual meeting for a major public company, at about 20 minutes. CEO James Foote, in his opening remarks,...
Berkshire posts $21.66 billion profit in Q1 2019, aided by BNSF
(Source: Reuters, May 24, 2019) OMAHA, Neb. — Warren Buffett's Berkshire Hathaway Inc on Saturday said gains in its stock investments fueled a big first-quarter profit, while improved results from its Geico auto insurer and BNSF railroad units boosted operating...
Warren Buffett open to precision railroading
(Source: Freight Waves, May 6, 2019) CHATTANOOGA, Tenn. — Berkshire Hathaway chairman and CEO Warren Buffett said he would be willing to consider some form of precision scheduled railroading (PSR) for western U.S. railroad BNSF, although he didn’t say when or even if...
California high-speed rail may start by using diesel locomotives
(Source: San Francisco Chronicle, May 1, 2019) SAN FRANCISCO, Calif. — The cost of getting high-speed trains up and running in the Central Valley is expected to jump $1.8 billion, California rail officials said Wednesday, but they have a plan to weather that increase...
KCS VP Grafton sells 1,000 shares of company stock
(Source: Mayfield Recorder, May 2, 2019) NEW YORK — Kansas City Southern VP Suzanne M. Grafton sold 1,000 shares of Kansas City Southern stock in a transaction dated Wednesday, May 1. The stock was sold at an average price of $123.07, for a total value of $123,070.00....
U.S. Senate to Amtrak: Explain what you’re doing to rail passenger service in Kansas
(Source: www.kcur.org, May 2, 2019) KANSAS CITY, Mo. — Long-running frustration about Amtrak’s willingness to keep a rail passenger line running through remote parts of the country has politicians threatening to block new directors to the agency. Full story:...
Editorial: Altoona needs strategy as NS moves to PSR
(Source: Altoona Mirror, May 3, 2019) ALTOONA, Pa. — No information has been forthcoming about whether Norfolk Southern’s adoption of what’s being called “precision-scheduled railroading,” or PSR, will impact this railroad city in a negative way. Full story: Altoona...
Officials confirm UP will be closing facility in Rochelle
(Source: Rochelle News-Leader, May 2, 2019) ROCHELLE, Ill. — Rochelle city officials have received confirmation that Union Pacific Railroad will be closing its Global III ramp intermodal operation this July. In a general announcement on May 2 to its customers, UP...
