May 2, 2024 | CN, CPKC, Headlines, Teamsters Canada
(Source: Teamsters Canada press release, May 1, 2024) The Teamsters Canada Rail Conference (TCRC) today announced that close to 10,000 workers at CN and CPKC have voted to authorize strikes at both companies. Unless parties can reach an agreement, a work stoppage can...
April 25, 2024 | Headlines, Quarterly Income, UP
(Source: Associated Press, April 25, 2024) Union Pacific said it made $1.64 billion, or $2.69 per share, in the first quarter of 2024. That’s higher than last year’s $1.63 billion, or $.2.67 per share. Shipping volume was down 1% in the quarter. Union Pacific said it...
April 25, 2024 | Headlines, NS, Quarterly Income
(Source: Associated Press, April 22, 2024) Norfolk Southern confirmed the $53 million, or 23 cents per share, that it earned in the first quarter. Without the settlement and some other one-time costs, the railroad said it would have made $2.39 per share while Wall...
April 25, 2024 | CPKC, Headlines, Quarterly Income
(Source: Trains.com, April 24, 2024) Canadian Pacific Kansas City’s first-quarter financial results reflected the progress the railway has made in the year since the Canadian Pacific-Kansas City Southern merger, executives said today. On a combined basis — which...
April 25, 2024 | Headlines, Legislation, Obituary, Railroad Safety
The BLET mourns the passing of Rep. Donald M. Payne Jr. (D-NJ), a staunch advocate for rail safety who served as Ranking Member of the House Subcommittee on Railroads, Pipelines and Hazardous Materials.He passed away on April 6, 2024. Full story: NBC News
April 25, 2024 | BNSF, Headlines
(Source: Associated Press, April 22, 2024) A federal jury on Monday said BNSF Railway contributed to the deaths of two people who were exposed to asbestos decades ago when tainted mining material was shipped through a Montana town where thousands have been sickened....
April 19, 2024 | AAR Freight Trends, Headlines
(Source: Association of American Railroads press release, April 17, 2024) The Association of American Railroads (AAR) today reported U.S. rail traffic for the week ending April 13, 2024. For this week, total U.S. weekly rail traffic was 466,463 carloads and intermodal...
April 19, 2024 | CSX, Headlines, Quarterly Income
(Source: Associated Press, April 17, 2024) CSX dealt with weather challenges and the closure of the Baltimore port as the railroad saw its first-quarter profit slip 10%, but it still managed to keep most of its customers happy with reliable service. The railroad said...
April 19, 2024 | CPKC, Headlines, Paid Sick Leave, Unions
(Source: Transportation Communications Union press release, April 16, 2024) The Brotherhood of Railway Carmen Division (BRC-TCU) is proud to announce that a sick leave agreement has been reached with Canadian Pacific Kansas City Railroad (CPKC). This agreement is in...
April 19, 2024 | Headlines, STB, UP
(Source: Trains.com, April 17, 2024) The Surface Transportation Board today closed the book on its investigation of Union Pacific’s record use of congestion-related embargoes in 2022 – but not before scolding the railroad for failing to comply with board orders and...
