Posts by William Wallace
U.S. Chamber: Increase gas tax to pay for infrastructure
(Source: Progressive Railroading 01/18/2018) The U.S. Chamber of Commerce this week proposed increasing the federal gas tax by 25 cents per gallon to help pay for critical infrastructure projects. The proposed increase was among a series of principles the business lobby is offering in a bid to help shape the debate about upgrading U.S. roads, bridges, airports…
Read MoreMajor U.S. railroads warn Trump against derailing NAFTA
(Source: Reuters, January 17, 2018) LOMBARD, Ill. — Major U.S. railroads on Wednesday warned President Donald Trump of the potential financial and political consequences of scrapping the North American Free Trade Agreement and urged U.S., Mexican, and Canadian officials to find ways to modernize the accord. Full story: Reuters Thursday, January 18, 2018
Read More2018 BLET Scholarship Directory
INDEPENDENCE, Ohio, January 12 — Each year, the BLET National Division compiles a list of scholarship opportunities available to the children of BLET members. Numerous financial aid opportunities are published here in the 2018 BLET Scholarship Directory. The scholarship opportunities vary widely. The following comprehensive list provides members and their families with contact information for…
Read MoreUP estimates $6 billion benefit in 2017 from new tax law
(Source Progressive Railroading 01/12/2018) Union Pacific Railroad estimates that changes in the new tax law will provide a nearly $6 billion boost to the railroad’s 2017 earnings. The Class I earlier this week disclosed the estimated impact from the new Tax Cuts and Jobs Act in a filing with the Securities and Exchange Commission. The $5.8…
Read MoreNTSB issues safety recommendations to UP, FRA and AAR
(Source: Progressive Railroading 01/12/2018) The National Transportation Safety Board (NTSB) yesterday issued four safety recommendations after investigating two railroad accidents. The recommendations stem from the board’s investigations of a railroad employee fatality involving Union Pacific Railroad in Kansas City, Kansas, and a BNSF Railway Co. crude-oil train derailment near Heimdal, North Dakota. In the UP case, a foreman died Sept. 29,…
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