Archive for July 2017
AAR: Rail traffic up 1.1 percent over 2016 for week ending July 22
(Source: Association of American Railroads press release, July 22, 2017) WASHINGTON, D.C. — The Association of American Railroads (AAR) today reported U.S. rail traffic for the week ending July 22, 2017. For this week, total U.S. weekly rail traffic was 534,152 carloads and intermodal units, up 1.1 percent compared with the same week last year. Total…
Read MoreSTB notifies CSX of numerous service complaints, warns railroad to fix “serious issues” causing delays, congestion
(Source: Dow Jones Newswires, July 28, 2017) NEW YORK — A freight railroad regulator called on CSX Corp. to address “serious issues” causing delays, congestion and other problems, the latest setback for the railway as it attempts to revamp its operations. The Surface Transportation Board on Thursday wrote to CSX’s chief executive, Hunter Harrison, asking…
Read MoreAAR calls on STB to withdraw proposed new regs
(source: Progressive Railroading 07/26/2017) Association of American Railroads (AAR) President and Chief Executive Officer Edward Hamberger yesterday testified before the Surface Transportation Board‘s (STB) regulatory reform task force on proposed regulatory measures. In prepared remarks, Hamberger reiterated AAR’s call for the STB to promote and defend the economic regulatory structure Congress established through the Staggers Act, which…
Read MoreBLET Education & Training Dept. announces Training Schedule for Fall 2017
INDEPENDENCE, Ohio, July 26 — The Brotherhood of Locomotive Engineers and Trainmen’s Education & Training Department is announcing its Fall Training Schedule for 2017, and all officers and members are encouraged to register as soon as possible. Members can register for these classes through the updated BLET Education & Training Department registration site (www.ble-t.org/departments/et). From…
Read MoreUP reports 2Q 2017 results
(Source: Union Pacific press release, July 20, 2017) OMAHA, Neb. — Union Pacific Corporation today reported 2017 second quarter net income of nearly $1.2 billion, a second quarter record of $1.45 per diluted share. This compares to about $1.0 billion, or $1.17 per diluted share, in the second quarter 2016. Union Pacific also reported a second…
Read More