BLET News

(Source: The Loadstar, May 18, 2018) TORONTO — North American rail operators have been accused by shipper organizations of putting Wall Street analysts before customers. Shippers are frustrated by poor service and tight capacity and blame the Class One rail companies of scrimping on investment for the sake of higher profits. Full story: The Loadstar Monday,…

(Source: National Public Radio, May 17, 2018) WASHINGTON, D.C. — In the U.S., you might expect a passenger rail operator to apologize for being late. However, in Japan — where sleek, high-speed trains are famous for arrivals and departures that you could set your watch by — leaving a station just 25 seconds early is…

(Source: Association of American Railroads press release, May 16, 2018) WASHINGTON, D.C. — The Association of American Railroads (AAR) today reported U.S. rail traffic for the week ending May 12, 2018. For this week, total U.S. weekly rail traffic was 550,029 carloads and intermodal units, up 5.8 percent compared with the same week last year. Total…

(Source: National Mediation Board press release, May 14, 2018) WASHINGTON, D.C. — The National Mediation Board (NMB) is pleased to announce the signing of a new Delegation Order, effective immediately, which reorganizes the NMB. The Office of Chief of Staff, the position of Chief of Staff, and the position of Assistant Chief of Staff are eliminated…

(Source: Freight Waves, May 16, 2018) CHATTANOOGA, Tenn. — It was a hat trick of three railroads at the Bank of America Merrill Lynch transportation conference in Boston, all of them choosing to broadcast their presentations via webex. They all talked about great shipping markets, but the executives had a few other things to say.…