Archive for May 2020
BLET to mark 157th anniversary on May 8, 2020
INDEPENDENCE, Ohio, May 7 — On May 8, the Brotherhood of Locomotive Engineers and Trainmen (BLET) will proudly marked its 157th anniversary. The union was founded as the Brotherhood of the Footboard on May 8, 1863 in Marshall, Mich. In 1864, the union changed its name to Brotherhood of Locomotive Engineers (BLE), the name it…
Read MoreShippers approve of STB’s decisions
(Source: Freight Waves, May 5, 2020) CHATTANOOGA, Tenn. — Shippers are pleased with the Surface Transportation Board’s (STB) three decisions aimed at clarifying how the freight railroads should apply demurrage and accessorial charges. Full story: Freight Waves Wednesday, May 6, 2020
Read MoreLaHood, Rendell urge Congress to include infrastructure in next stimulus bill
(Source: Progressive Railroading 05/06/2020) Former U.S. Transportation Secretary Ray LaHood and former Pennsylvania Gov. Ed Rendell earlier this week called on Congress to include transportation infrastructure investment in the next federal COVID-19 stimulus legislation. On May 4, LaHood and Rendell — as co-chairs of Building America’s Future — wrote to congressional leaders to urge the creation of a…
Read MoreMay 1 update from Railroad Retirement Board Labor Member
(BLET Editor’s Note: The following is a message to Rail Labor from John Bragg, Labor Member of the Railroad Retirement Board.) CHICAGO, May 2 — In my April 16, 2020 update, I discussed a question involving furloughs and negotiated agreements which had been added to the Railroad Retirement Board’s (RRB) website. The question was added…
Read MoreBNSF posts Q1 revenue decline on lower volumes
(Source: Progressive Railroading 05/05/2020) BNSF Railway Co. yesterday reported first-quarter net income fell 5 percent to $1.19 billion, operating income rose 2.5 percent to $1.8 billion and total revenue declined 6 percent to $5.4 billion compared with first-quarter 2019’s results. The revenue decrease was primarily due to a 5 percent decrease in unit volume and a…
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