BLET News

INDEPENDENCE, Ohio, March 7 — As a reminder, applications for the James R. Hoffa Memorial Scholarship Fund are due on March 31, 2019. The application process is completely online and all applications must be completed through the online portal found on the Fund’s website: www.jrhmsf.org.  There are two types of scholarship applications available: Academic Scholarships and…

(Source: Progressive Railroading, March 6, 2019)  CRRC Sifang America has hired the initial group of employees to assemble Chicago Transit Authority’s (CTA) newest 7000 Series rail cars at the $100 million rail-car manufacturing plant, the China-based company announced last week. Full story: Progressive Railroading Thursday, March 7, 2019

(Source: CNBC, March 6, 2019)  NEW YORK — Stock buybacks are under attack — but they really may just be misunderstood, Union Pacific CEO Lance Fritz suggested on Wednesday. Full story: CNBC Thursday, March 7, 2019

(Source: Railway Age, March 4, 2019)  NEW YORK — The past two decades have been a time of steady growth for Union Pacific’s only route to the Canadian border, running from Hinkle, Ore., north through Spokane, Wash., to Eastport, Idaho. Capacity improvements performed over the past several years, and more scheduled for 2019, are evidence…

(Source: The Spokesman-Review, March 5, 2019)  SPOKANE, Wash. — Trains carrying crude oil through Spokane and the rest of the state to Washington refineries would have to keep it under lower pressure under a bill supporters say will reduce the chance of catastrophic accidents. The bill requires the oil in the tanks be loaded, unloaded…