Posts by William Wallace

INDEPENDENCE, Ohio, June 29 — One hundred percent of voting BLET members working for the Wheeling & Lake Erie Railway (WLE) have voted in favor of withdrawing from service should the union and the railroad fail to reach an agreement to settle their contract dispute under processes set forth in the Railway Labor Act (RLA).…

(Source: Bloomberg, June 28, 2017) NEW YORK — Union Pacific Corp. sees Mexico trade as a bright spot for its rail freight growth despite tough trade talk from President Donald Trump, said Chief Executive Officer Lance Fritz. Full story: Bloomberg Thursday, June 29, 2017

Lance Fritz, chief executive officer of Union Pacific, speaks during an interview in New York, U.S., June 28, 2017. REUTERS/Shannon Stapleton (source: reuters.com  Jun 28, 2017) By Sophia Kunthara U.S. retailers may see a much-needed boost from the coming back-to-school shopping season if the pickup in incoming merchandise traffic from Asia seen by the largest…

(Source: KUOW, June 28, 2017) SEATTLE, Wash. — For the second time since 2015, the Oregon Legislature has stripped language out of a bill that would have increased the state’s regulation of oil trains. Oregon has the weakest regulations among West Coast states. Full story: www.kuow.org Thursday, June 29, 2017

(Source: Reuters, June 28, 2017) NEW YORK — The head of the largest U.S. railroad said on Wednesday that based on conversations with officials from President Donald Trump’s administration including Commerce Secretary Wilbur Ross, he is confident upcoming talks will result in a “more effective” North American Free Trade Agreement (NAFTA). Full story: Reuters Thursday,…