Daily Headlines
Union Pacific’s Q1 2024 profit up 1% as railroad limits expenses
(Source: Associated Press, April 25, 2024) Union Pacific said it made $1.64 billion, or $2.69 per share, in the first quarter of 2024. That’s higher than last year’s $1.63 billion, or $.2.67 per share. Shipping volume was down 1% in the quarter. Union Pacific said it...
NS Q1 2024 earnings offer railroad a chance to defend its strategy ahead of control vote
(Source: Associated Press, April 22, 2024) Norfolk Southern confirmed the $53 million, or 23 cents per share, that it earned in the first quarter. Without the settlement and some other one-time costs, the railroad said it would have made $2.39 per share while Wall...
CPKC says longer hauls helped propel Q1 2024 earnings
(Source: Trains.com, April 24, 2024) Canadian Pacific Kansas City’s first-quarter financial results reflected the progress the railway has made in the year since the Canadian Pacific-Kansas City Southern merger, executives said today. On a combined basis — which...
New Jersey Rep. Donald Payne Jr. dies at 65
The BLET mourns the passing of Rep. Donald M. Payne Jr. (D-NJ), a staunch advocate for rail safety who served as Ranking Member of the House Subcommittee on Railroads, Pipelines and Hazardous Materials.He passed away on April 6, 2024. Full story: NBC News
Jury: BNSF contributed to 2 asbestos-related deaths in Montana
(Source: Associated Press, April 22, 2024) A federal jury on Monday said BNSF Railway contributed to the deaths of two people who were exposed to asbestos decades ago when tainted mining material was shipped through a Montana town where thousands have been sickened....
AAR reports rail traffic for the week ending April 13, 2024
(Source: Association of American Railroads press release, April 17, 2024) The Association of American Railroads (AAR) today reported U.S. rail traffic for the week ending April 13, 2024. For this week, total U.S. weekly rail traffic was 466,463 carloads and intermodal...
CSX profit drops 10% in Q1 2024; CEO says Baltimore bridge collapse will reduce Q2 revenue by about $25 million per month
(Source: Associated Press, April 17, 2024) CSX dealt with weather challenges and the closure of the Baltimore port as the railroad saw its first-quarter profit slip 10%, but it still managed to keep most of its customers happy with reliable service. The railroad said...
BLET News
Nevada BLET member encourages Colorado lawmakers to support rail safety bill
FRA two-person crew regulation: Teamsters say regulators should resist industry push for single pilot cockpits
Register today! Hotel reservations must be made by May 3 for BLET’s Kansas City regional meeting
BLET announces creation of the New England Legislative Board
Colorado: Thanks to BLET effort and testimony, rail safety bill advances in state legislature
Social media: Get connected with the BLET
Register now for BLET’s Kansas City regional meeting
Have you registered? Join us this summer for BLET regional meetings in Kansas City and Washington, D.C.
Autonomous rail technology: BLET petitions FRA to deny safety waiver for Parallel Systems test
Daily Headlines
Union Pacific’s Q1 2024 profit up 1% as railroad limits expenses
(Source: Associated Press, April 25, 2024) Union Pacific said it made $1.64 billion, or $2.69 per share, in the first quarter of 2024. That’s higher than last year’s $1.63 billion, or $.2.67 per share. Shipping volume was down 1% in the quarter. Union Pacific said it...
NS Q1 2024 earnings offer railroad a chance to defend its strategy ahead of control vote
(Source: Associated Press, April 22, 2024) Norfolk Southern confirmed the $53 million, or 23 cents per share, that it earned in the first quarter. Without the settlement and some other one-time costs, the railroad said it would have made $2.39 per share while Wall...
CPKC says longer hauls helped propel Q1 2024 earnings
(Source: Trains.com, April 24, 2024) Canadian Pacific Kansas City’s first-quarter financial results reflected the progress the railway has made in the year since the Canadian Pacific-Kansas City Southern merger, executives said today. On a combined basis — which...
New Jersey Rep. Donald Payne Jr. dies at 65
The BLET mourns the passing of Rep. Donald M. Payne Jr. (D-NJ), a staunch advocate for rail safety who served as Ranking Member of the House Subcommittee on Railroads, Pipelines and Hazardous Materials.He passed away on April 6, 2024. Full story: NBC News
Jury: BNSF contributed to 2 asbestos-related deaths in Montana
(Source: Associated Press, April 22, 2024) A federal jury on Monday said BNSF Railway contributed to the deaths of two people who were exposed to asbestos decades ago when tainted mining material was shipped through a Montana town where thousands have been sickened....
AAR reports rail traffic for the week ending April 13, 2024
(Source: Association of American Railroads press release, April 17, 2024) The Association of American Railroads (AAR) today reported U.S. rail traffic for the week ending April 13, 2024. For this week, total U.S. weekly rail traffic was 466,463 carloads and intermodal...
CSX profit drops 10% in Q1 2024; CEO says Baltimore bridge collapse will reduce Q2 revenue by about $25 million per month
(Source: Associated Press, April 17, 2024) CSX dealt with weather challenges and the closure of the Baltimore port as the railroad saw its first-quarter profit slip 10%, but it still managed to keep most of its customers happy with reliable service. The railroad said...
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