BLET News

(Source: International Brotherhood of Teamsters press release, April 23, 2020) WASHINGTON, D.C. — Amid the COVID-19 pandemic that has spread and intensified across the United States in the last few weeks, hospital workers say that they are still being forced to ration protective gear and it is hard to get vital information about the workplace…

(Source: Progressive Railroading, April 22, 2020) Union Pacific Railroad today posted first-quarter net income of $1.5 billion, or $2.15 per diluted share, compared to $1.4 billion, or $1.93 per diluted share, a year ago. UP officials project second-quarter carload volumes will be down 25 percent compared to Q2 2019. In addition, capital expenditures in 2020…

(Source: Bloomberg, April 24, 2020) NEW YORK — Long before talk of driverless trucks, 3-D printing and drone delivery, old-school economic oracles from Warren Buffett to Alan Greenspan watched the railways for early signs of an oncoming U.S. recession. This freight train, however, arrived with little warning. Full story: Bloomberg Friday, April 24, 2020

(Source: Sandusky Register, April 21, 2020) PERKINS TWP., Ohio — Kevin Jaycox has a message for Ohioans clamoring for a return to normalcy amid the coronavirus outbreak: Pump the brakes. Jaycox has worked in eight states since November and has been quarantined twice. His job is with Hallcon, a Kansas City-based firm that handles transportation…

(Source: Union Pacific press release, April 23, 2020) OMAHA, Neb. — Union Pacific Corporation today reported 2020 first quarter net income of $1.5 billion, or $2.15 per diluted share. This compares to $1.4 billion, or $1.93 per diluted share, in the first quarter 2019. “Against the backdrop of the emerging COVID-19 pandemic and a challenging volume…