Posts by William Wallace
Vice President Tolman testifies before House on PTC
INDEPENDENCE, Ohio, February 15 — BLET Vice President and National Legislative Representative John P. Tolman urged Congress, the railroads, and governmental regulators to ensure that Positive Train Control (PTC) is fully implemented by the current deadline of December 31, 2018. During his testimony, Vice President Tolman also discussed the problem of electronic device distraction (Trip…
Read MoreRRB announces spring 2018 conferences and pre-retirement seminars
INDEPENDENCE, Ohio, February 12 — The U.S. Railroad Retirement Board (RRB) has announced a schedule of dates for the agency’s spring 2018 informational conferences and pre-retirement seminars. Attendance at the informational conferences is limited to elected union officers only, while the pre-retirement seminars are designed for railroad employees and spouses planning to retire within five…
Read MoreDespite fatal accidents, train safety still isn’t a top priority in Washington
(Source: New York Magazine, February 12, 2018) NEW YORK — In the past two months, there have been four fatal accidents involving Amtrak trains. In December three people died on a train making its first trip on a track between Seattle and Portland. On January 14 a North Carolina couple died when their SUV was…
Read MoreAAR praises start of Trump infrastructure plan
(Source: Railway Age 02/12/2018) Written by Stuart Chirls, Senior Editor The Association of American Railroads today said it supports President Trump’s efforts to begin the process of developing infrastructure legislation. In a broad set of principles that lack specific details, the Administration called for the federal government to contribute just $200 billion of the estimated $1.5…
Read MoreG&W posts Q4 revenue, income growth; forms alliance with Cargomatic
(Source: Progressive Railroading 02/09/2018) Genesee & Wyoming Inc. reported fourth-quarter 2017 operating revenue rose 10.7 percent to $571.6 million compared with the same quarter in 2016. Operating income increased 101.9 percent to $108.2 million, while adjusted operating income climbed 2.2 percent to $105.7 million. Net income for the quarter was $426.6 million, compared with $8.9 million…
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