BLET News
Shippers: Show us the benefits of PSR
(Source: Freight Waves column by Jim Blaze, April 16, 2019) CHATTANOOGA, Tenn. — Precision scheduled railroading (PSR) promised scheduled rail freight operations resulting in more than a financial gain for a railroad and its investors. The business theory is that operating efficiencies reduce costs and that improved rail discipline improves shipper service. Where is the…
Read MoreTrain crew bill A.B. 337 brings back what Nevada already had
By Jason Doering and Matthew Parker INDEPENDENCE, Ohio, April 15 — All day, every day, through cities, rural areas and everywhere in between, in Nevada as well as around our country, freight trains are rolling. In many cases, they’re the only practical way to safely transport hazardous chemicals, oil, hazardous waste, consumer goods, and vehicles…
Read MoreUnion Pacific reports Q1 2019 results
(Source: Union Pacific press release, April 18, 2019) OMAHA, Neb. — Union Pacific Corporation today reported 2019 first quarter net income of $1.4 billion, or $1.93 per diluted share. This compares to $1.3 billion, or $1.68 per diluted share, in the first quarter 2018. “We delivered record first quarter financial results driven by improved operating performance,…
Read MoreMinimum crew size bill awaits vote in Washington State Senate
INDEPENDENCE, Ohio, April 16 — The BLET Washington State Legislative Board, in conjunction with the SMART-TD Washington Legislative Board, has been lobbying the Washington State Legislature in support of legislation that would require two qualified crew members on trains operating in the state of Washington. Recently, this legislation (HB 1841) passed the State Assembly and…
Read More24-year CSX employee killed in accident at Wauhatchie Yards
(Source: The Chattanoogan, April 14, 2019) CHATTANOOGA, Tenn. — A 24-year employee of CSX Transportation has been killed in an accident at the Wauhatchie Yards. Allen Lowe was struck by a train. He was the father of two children. Full story: The Chattanoogan Monday, April 15, 2019
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