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Rail Industry News

STB’s cost of capital dilemma

(Source: Railway Age, October 15, 2019) NEW YORK — The Surface Transportation Board (STB) proposes to change the formula for computing the cost of the equity component of the railroad industry’s cost of capital. This is of consequence to railroads, shippers and...

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UP to route 135 trains per day through Manteca, Calif.

(Source: Manteca Bulletin, October 11, 2019) MANTECA, Calif. — Union Pacific Railroad has put Manteca on notice to expect 135 trains eventually to pass through the city each day. That’s an enormous leap from today’s railroad traffic that sends 56 trains now each day...

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BLET News

General Chairman Morrison reelected

General Chairman Austin Morrison won reelection by acclamation at the Burlington Northern Santa Fe General Committee of Adjustment’s triennial meetings in Amarillo, Texas, from June 15-16. He is a member of BLET Division 574 in Amarillo, Texas.

BLET comments on CSXT proposed line sale or lease

According to recent articles by the Associated Press and the Huntington Dispatch, CSX Transportation has put up for bid or lease two major routes in West Virginia and western Maryland, potentially affecting as many as 250 union jobs.

UTU is at it again

The United Transportation Union is at it again, seeking another backdoor attempt to raid membership of the Brotherhood of Locomotive Engineers and Trainmen.

President Hahs visits Capitol Hill

BLET National President Don Hahs met recently with two transportation leaders in Washington, D.C. to discuss rail safety issues.

Short-term disability insurance coming in October

As a result of the last national contract, many members of the Brotherhood of Locomotive Engineers and Trainmen will soon be able to take advantage of a short-term disability program obtained by the National Division through MetLife.

General Chairman Roberts reelected

Brother Tom Roberts of BLET Division 601 (Newark, N.J.) has been reelected General Chairman of the CSXT Northern District (Conrail Shared Assets) General Committee of Adjustment.

BNSF-MRL General Chairman Pierce reelected

Dennis R. Pierce has been reelected to another three-year term as General Chairman of the BNSF-MRL General Committee of Adjustment at meetings in Las Vegas on July 3. Pierce, a member of Division 98 (Lincoln, Neb.), was elected by acclamation.

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