BLET News

(Source: The Ledger Gazette, April 21, 2018) NEW YORK — Union Pacific Co. EVP Elizabeth F. Whited sold 15,576 shares of the business’s stock in a transaction that occurred on Tuesday, April 3. The stock was sold at an average price of $133.79, for a total transaction of $2,083,913.04. Following the completion of the transaction,…

INDEPENDENCE, Ohio, April 20, 2018 — The Brotherhood of Locomotive Engineers and Trainmen is currently drafting comments in response to a request by the Federal Railroad Administration (FRA) regarding automation in the railroad industry. The notice was published in the Federal Register on March 22, 2018, and the comments are due no later than May…

(Source: Canadian Press, April 17, 2018) CALGARY — The union representing about 3,000 conductors and locomotive engineers at Canadian Pacific Railway Ltd. says it has formally served the company with a 72-hour notice of an intent to strike. The Teamsters Canada Rail Conference cites a lack of progress at the bargaining table but says talks…

(Source: Railroad Retirement Board press release, April 2, 2018) CHICAGO — Employers and employees covered by the Railroad Retirement Act pay higher retirement taxes than those covered by the Social Security Act, so that railroad retirement benefits remain higher than social security benefits, especially for career employees who have 30 or more years of service. The…

(Source: Associated Press, April 16, 2018) SEATTLE — A 20-foot-wide mudslide on the BNSF Railway lines has shut down all commuter-rail service between Seattle’s King Street Station and Everett. Full story: San Francisco Chronicle Tuesday, April 17, 2018