BLET News
RRB announces 2020 Pre-Retirement Seminars
INDEPENDENCE, Ohio, February 6 — The U.S. Railroad Retirement Board (RRB) has announced is schedule of Pre-Retirement Seminars for 2020. Designed for union officers and railroad employees and spouses planning to retire within five years, Pre-Retirement Seminars will familiarize attendees with the retirement benefits available to them, and also guide them through the application process.…
Read MoreAAR: January rail traffic trends offer ‘glimmers of hope’
(Source: Progressive Railroading 02/06/2020) U.S. railroads hauled 2,410,813 carloads and intermodal units in January, down 5.6 percent compared with traffic hauled in January 2019, according to the Association of American Railroads (AAR). The combined number of carloads last month fell 5.9 percent to 1,165,733 units, while the number of intermodal containers and trailers dipped 5.4 percent to…
Read MoreAAR: U.S. Rail Traffic Still Down; Canada, Mexico See Gains
(Source: Railway Age January 30, 2020) Written by Andrew Corselli, Managing Editor The Association of American Railroads (AAR) reported U.S. rail traffic for the week ended Jan. 25, 2020, and for this week, total U.S. weekly rail traffic was 485,282 carloads and intermodal units, down 7.1% compared with the same week last year. However, our neighbors to the…
Read MoreUnion Pacific sued over alleged contamination of Houston neighborhood, resulting in cancer cluster and toxic groundwater plume
(Source: Press release from The Gibson Law Firm, February 3, 2020) HOUSTON — Over 80 residents in the Houston neighborhoods of the Fifth Ward and Kashmere Gardens in Houston have sued Union Pacific Railroad Company alleging more than $100,000,000.00 in damages for contaminating their properties and groundwater with known probable human carcinogen, creosote, and other…
Read MoreSTB: Class I fuel surcharge revenues total $1 billion in Q4 2019, down 8% on quarter
(Source: S&P Global Platts, February 3, 2020) HOUSTON — Fuel surcharge revenue for the seven Class I railroads totaled roughly $1 billion in the fourth quarter, down 8% from the previous quarter and down 25% from the year-ago quarter, Surface Transportation Board data showed Monday. Full story: S&P Global Platts Tuesday, February 4, 2020
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