Category: Transportation
UP posts ‘most profitable year’ in history
(By M.J. Clark for Wyoming Business Report) Wyoming’s main rail line, Union Pacific, reported net income of $3.9 billion in 2012, which makes 2012 “Union Pacific’s most profitable year in our 150-year history,” Jack Koraleski, UP’s CEO said in a [...]
Transportation Secretary LaHood to step down
WASHINGTON — Transportation Secretary Ray LaHood, the only Republican left in President Barack Obama’s first-term cabinet, said today that he would be leaving the administration. Before becoming Secretary of Transportation, LaHood, 67, served for 14 years in the U.S. Ho [...]
Negotiations with Amtrak continue
Contract talks on Amtrak are continuing, General Chairperson Dirk Sampson reports. “As these negotiations are ongoing and sensitive, I am not a liberty to release the details,” he said. “My main priority with Amtrak is getting this contract settled,” [...]Union membership slips after anti-labor attacks
The percentage of American workers in labor unions took an unusually large fall in 2012, dropping to 11.3 percent last year from 11.8 percent in 2011, the Bureau of Labor Statistics announced. The total number of union members also took an unusually big drop, by 400,000, to 1 [...]