Archive for January 10, 2019

U.S. rail carloads, intermodal volumes rose in Week 1

(Source: Progressive Railroading 01/10/2019) U.S. railroads posted a 4.8 percent increase in carload and intermodal units during January’s first week compared with the same week last year, according to Association of American Railroads (AAR) data. U.S. roads’ carload activity rose 6.2 percent to 221,759 units, while intermodal volume climbed 3.4 percent to 214,344 containers and trailers for…

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UP must pay $2.3 million in settlement of civil environmental case

(Source: Herald News, January 9, 2019)  SAN BERNARDINO, Calif. — San Bernardino County District Attorney Jason Anderson announced on Jan. 7 that as part of a multi-jurisdiction prosecution, Placer County Superior Court Judge Alan Pineschi has ordered Union Pacific Railroad Company to pay more than $2.3 million in the settlement of a civil environmental case.…

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UP shares rise on news of 62.7% operating ratio

(Source: Reuters, January 9, 2019)  NEW YORK — Union Pacific Corp, the No. 1 U.S. railroad, said on Wednesday that a key measure of performance would come in better than expected for 2018, sending shares up 1.6 percent in after-hours trade. The Omaha, Nebraska-based company said its operating ratio was expected to be 62.7 percent…

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BLET to host Secretary-Treasurer class in March 2019

INDEPENDENCE, Ohio, January 9 — The BLET Education and Training Department will conduct a training class for Secretary-Treasurers from March 10-14, 2019, at the BLET National Division headquarters in Independence, Ohio.  Registration for the class will be filled by Division Secretary-Treasurers who sign up on a first come, first served basis. Available slots are limited,…

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