BLET News
Canada’s western ports clogged as slowdown in crop shipments by rail weighs
(Source: Globe and Mail, March 7, 2018) OTTAWA — The backlog of crop shipments that has raised tensions between the railways and grain industry has clogged West Coast ports with ships waiting to be loaded. Full story: Globe and Mail Wednesday, March 7, 2018
Read MoreTrain crew injured as train collides with tanker hauling hydrochloric acid solution
(Source: Observer-Reporter, March 6, 2018) FREDERICKTOWN, Pa. — On March 6 near Fredericktown, Pa., a train broadsided a tanker truck hauling some 4,400 gallons of a corrosive solution of hydrochloric acid as the rig’s driver crossed the tracks about 10:30 a.m. Officials said the truck driver was flown by helicopter to a Pittsburgh hospital. Washington…
Read MoreUP CEO calls steel and aluminum tariffs ‘troubling in a number of ways’
(Source: New Orleans Advocate, March 2, 2018) NEW ORLEANS — The Trump administration’s plan to levy tariffs on steel and aluminum imports is “troubling in a number of ways” and almost certainly would send ripples through Louisiana’s economy, the head of Union Pacific Railroad said at a World Trade Center reception in New Orleans. Full…
Read MoreFederal tax cut windfall doesn’t mean immediate hiring, UP CEO says
(Source: Omaha World-Herald, March 3, 2018) OMAHA, Neb. —While the Union Pacific benefited from the recent changes to federal tax law, Chief Executive Lance Fritz said that alone won’t push him to add jobs now. Full story: Omaha World-Herald Monday, March 5, 2018
Read MoreFederal income tax and Railroad Retirement benefits
(Source: Railroad Retirement Board press release, February 23, 2018) CHICAGO — The following questions and answers describe the tax statements issued by the Railroad Retirement Board (RRB) each January for Federal income tax purposes. Railroad retirement beneficiaries needing information about these statements, or about tax withholding from their benefits, should contact an office of the RRB.…
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