Archive for April 18, 2019
U.S. railroads’ carload volume up, intermodal down in Week 15
(Source: Progressive Railroading 04/18/2019) This year’s dip in U.S. rail traffic continued in Week 15, with railroads posting 528,167 carloads and intermodal units, down 1.2 percent compared with the same week in 2018, according to Association of American Railroads (AAR) data. U.S. railroads did post a 1 percent increase in carload volume for a total 260,800 units…
Read MoreUnion Pacific reports Q1 2019 results
(Source: Union Pacific press release, April 18, 2019) OMAHA, Neb. — Union Pacific Corporation today reported 2019 first quarter net income of $1.4 billion, or $1.93 per diluted share. This compares to $1.3 billion, or $1.68 per diluted share, in the first quarter 2018. “We delivered record first quarter financial results driven by improved operating performance,…
Read MoreMinimum crew size bill awaits vote in Washington State Senate
INDEPENDENCE, Ohio, April 16 — The BLET Washington State Legislative Board, in conjunction with the SMART-TD Washington Legislative Board, has been lobbying the Washington State Legislature in support of legislation that would require two qualified crew members on trains operating in the state of Washington. Recently, this legislation (HB 1841) passed the State Assembly and…
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