Rail Industry News
Video: Hoffa talks Romney, China on MSNBC’s The Ed Show
(Source: International Brotherhood of Teamsters, October 19, 2012) Teamsters General President Jim Hoffa joins Ed Schultz to discuss Gov. Romney and President Obama's records on China and how we have to adjust our trade policies to help rebuild America. Watch the...
Norfolk Southern, Union Pacific were revenue adequate for 2011, STB says
(Source: Progressive Railroading, October 17, 2012) In a decision that took effect yesterday, the Surface Transportation Board (STB) determined that Norfolk Southern Railway and Union Pacific Railroad were the only Class Is that were revenue adequate for 2011. The...
Video: Watch Mitt Romney’s anti union rant
(Source: YouTube, October 4, 2012) In a video of Mitt Romney speaking at the Associated Builders & Contractors annual business convention, the Republican Presidential candidate promises to take down unions on Day 1 if he wins the November election. Watch the video:...
Railroad stocks mixed at close of October 17 trading
(Source: Associated Press, October 17, 2012) NEW YORK — Shares of some top railroad companies were mixed at the close of trading on October 17, including CSX, which fell 2.0 percent, and Union Pacific, which rose 0.3 percent. Full story: CBS News
Norfolk Southern opens new Birmingham Regional Intermodal Facility in McCalla, Ala.
(Source: Norfolk Southern press release, October 17, 2012) McCALLA, Ala. — Norfolk Southern CEO Wick Moorman and Alabama Gov. Robert Bentley joined federal, state, and local officials and business leaders today for the opening of the Birmingham Regional Intermodal...
Feds advance Amtrak control of Empire Corridor
(Source: Albany Times Union, October 18, 2012) Federal regulators have cleared the way for Amtrak to take control of nearly 95 miles of the Empire Corridor, leasing it from CSX Transportation and giving the passenger railroad control of everything from train schedules...
CSX CEO fears ‘fiscal cliff’ slowing growth
(Source: MarketWatch, October 16, 2012) JACKSONVILLE, Fla. — CSX Corp. Chief Executive Michael Ward said Wednesday that the looming "fiscal cliff" of steep government spending cuts and tax increases could derail what he otherwise anticipates will be a continued...
CSX sees soft utility coal demand continuing into 2013
(Source: Reuters, October 17, 2012) NEW YORK — U.S. railroad CSX Corp., which serves the U.S. East Coast, said it expected continued soft demand for coal among utilities, a key market for the company, but shipments should begin to flatten next year as electricity...
BNSF CEO says oil-by-rail shipments continue to help Bakken development
(Source: Independent Record, October 16, 2012) BILLINGS, Mont. — Burlington Northern Santa Fe Railroad will continue shipping millions of barrels of crude oil from the prolific Bakken oil play even if the proposed Keystone XL pipeline is built, BNSF’s chief executive...
Video: Is Union Pacific a tech company on wheels?
(Source: CNN, October 18, 2012) NEW YORK — In a video at CNN.com, Union Pacific CEO John Koraleski talks about the tech his company uses to coordinate 8,000 locomotives pulling 140,000 rail cars. Full video: www.cnn.com
The economy according to Union Pacific
(Source: Fortune Magazine/CNN Money, October 18, 2012) NEW YORK — Can a 150-year-old company be part of the modern economy? Apparently so. Union Pacific, America's largest railroad, touches all parts of the economy, even globally — 30% to 40% of its shipments...
At Bain Capital-owned Sensata, six more arrests ahead of plant closure
(Source: Huffington Post, October 17, 2012) Six people were arrested Wednesday morning at a north central Illinois plant run by Bain Capital-owned Sensata Technologies, where 170 workers are set to lose their jobs by the end of the year. The closing of the Sensata...
Leaked audio captures Romney asking employers to tell their employees how to vote
(Source: Think Progress, October 17, 2012) Newly-discovered audio from a conference call in June captures Mitt Romney asking business owners to urge their employees to vote for him. Romney, speaking on a call to the very conservative National Federation of Independent...
Railroad stocks up at close of October 16 trading
(Source: Associated Press, October 16, 2012) NEW YORK — Shares of some top railroad companies were up at the close of trading on October 16, including Canadian National, which rose 1.1 percent, and Kansas City Southern, which rose 3.5 percent. Full story: CBS News
Is Texas on track to high-speed rail?
(Source: San Antonio Express-News, October 16, 2012) SAN ANTONIO, Texas — Texas commuters, a train could be a comin', and it's possibly a very fast one. The Texas Department of Transportation is launching a two-year, $14 million study of passenger rail service between...
Canadian Pacific announces new Senior Operations Team
(Source: Canadian Pacific Railway press release, October 16, 2012) CALGARY, Alberta — Canadian Pacific today announced the senior operations team who will lead the execution of the new service plans. Doug McFarlane is appointed Senior Vice- President U.S. Operations....
Amtrak adding trains through Michigan to Chicago for busy Thanksgiving weekend
(Source: www.mlive.com, October 16, 2012) LANSING, Mich. — Amtrak is adding more trains to its Wolverine route between Ann Arbor and Chicago in anticipation of a busy Thanksgiving weekend. Full story: www.mlive.com
Romney’s proposed cuts could shutdown Amtrak
(Source: www.khastv.com, October 16, 2012) HASTINGS, Neb. — More people than ever are turning to trains for travel. Amtrak saw 31 million passengers board their trains in 2012. It was a record for the government subsidized company. Presidential Candidate Mitt Romney...
Amtrak creates new GM position for Northeast Corridor operations
(Source: Philadelphia Inquirer, October 16, 2012) PHILADELPHIA — Amtrak on Tuesday named Michael J. DeCataldo Jr. to the newly created post of general manager, Northeast Corridor Services. DeCataldo will be responsible for safety, customer satisfaction, ridership,...
Labor 411: Making it easy to buy union
(Source: www.labor411.org, October 17, 2012)) Buying union means buying American. It means that every dollar you spend goes towards protecting working people by helping them to earn a livable wage in safe conditions, provide health care for their families and pursue...
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.
