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BLET News

STB’s Robert Primus: Deja vu, all over again

As yet another hedge fund seeks a hostile takeover of a Class I railroad, Surface Transportation Board Member Robert Primus condemned the “scorched-earth” cuts associated with Precision Scheduled Railroading in a guest column published by Progressive Railroading. He...

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BLET General Chairmen say proposed changes for Norfolk Southern by hedge fund Ancora are “bad for investors,” “reckless,” and “likely to lead to more train wrecks”

The BLET General Chairmen who represent members at Norfolk Southern (NS) have taken the side of current railroad leadership as hedge fund Ancora Holdings attempts to take over the company and double-down on Precision Scheduled Railroading. Earlier this month,...

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Daily Headlines

AAR reports rail traffic for the week ending March 9, 2024

Total carloads for the week ending March 9 were 214,585 carloads, down 3.7 percent compared with the same week in 2023, while U.S. weekly intermodal volume was 258,077 containers and trailers, up 13.5 percent compared to 2023.

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