General Information

INDEPENDENCE, Ohio, January 20 — The BLET National Division has launched a new webpage — https://www.ble-t.org/negotiations2019 — to provide important information to affected members regarding the current round of National Negotiations. The webpage provides members with access to PDF copies of Section 6 notices served by the BLET, as well as those served by the railroad companies…

(Source: Progressive Railroading, January 17, 2020) U.S. House Transportation and Infrastructure Committee Chairman Peter DeFazio (D-Ore.) yesterday questioned whether the nation’s four largest Class Is are committed to combating climate change. Full story: Progressive Railroading Monday, January 20, 2020

(Source: Freight Waves, January 17, 2020) CHATTANOOGA, Tenn. — Eastern railroad CSX expects its annual revenue to be flat to 2% lower in 2020 amid a systemic decline in coal volumes and an industrial economy that might take some time to improve, company executives said Thursday during CSX’s fourth-quarter earnings call. Full story: Freight Waves Monday,…

(Source: Freight Waves, January 17, 2020) CHATTANOOGA, Tenn. — Net profit for Kansas City Southern slipped in the fourth quarter of 2019 compared to the prior year, but revenues were 5% higher amid increases for chemicals and petroleum and industrial and consumer products. Fourth-quarter net income was $127.2 million, or $1.30 diluted earnings per share,…