March 29, 2022 | CSX, Headlines
(Source: CSX press release, March 23, 2022) JACKSONVILLE, Fla. — CSX Corp. (“CSX”) announced today that it received notice of an unsolicited “mini-tender” offer by TRC Capital Investment Corporation (“TRC”) to purchase up to four million shares of CSX common stock at...
March 28, 2022 | CP, National Negotiations 2019, News, SMART-TD, Teamsters Canada
By Dennis R. Pierce, BLET National President (BLET Editor’s Note: The following message from President Pierce has been excepted from the January-March 2022 issue of the Locomotive Engineers and Trainmen News.) INDEPENDENCE, Ohio, March 28 — In the piece that I wrote...
March 25, 2022 | Canada, CN, CP, Headlines, Oil Train
(Source: S&P Global Platts, March 24, 2022) HOUSTON — Energy executives and analysts acknowledge there now exists ample pipeline and rail capacity to move additional barrels from Alberta into US refining hubs, even without the infamous Keystone XL Pipeline. Full...
March 25, 2022 | Canada, CP, Headlines, Teamsters Canada
(Source: Canadian Press, March 23, 2022) CALGARY — Business groups advocating for rail to be declared an essential service in the wake of this week’s temporary work stoppage at Canadian Pacific Railway Ltd. say a “permanent” solution is needed to...
March 25, 2022 | Headlines, PSR, STB
(Source: World-Grain.com, March 25, 2022) ARLINGTON, Va. — Congestion and poor service on the nation’s railroads are symptoms of a network problem affecting entire regions, at times preventing feed deliveries to US livestock producers without backup suppliers. That...
