Union Pacific will increase its capital spending by 25 percent to $3.25 billion in 2011, reports the Journal of Commerce. UP capital exenditures in 2010 totaled $2.6 billion. UP said it will be purchasing as many as 200 new locomotives in 2011, upgrade numerous corridors to a [...]
Intermodal traffic (trailers and containers carried atop flatcars) continues to roar for Class I railroads. During October, according to the Association of American Railroads, intermodal traffic soared by 14 percent versus October 2009. Weekly during October, according to the [...]
WASHINGTON — One of first transportation challenges for federal rail transportation-project advocates — Democrats and Republicans — in the new Congress in 2011 will be how to preserve and allocate seed money for rail transit and high-speed rail projects. Bil [...]
A ray of sunshine for working families is emerging from otherwise bleak economic news: Many Americans are going back to work. The Labor Department reports that 151,000 jobs were added during October, following four successive months of job losses. On the nation’s railro [...]
BNSF has appointed Greg Fox as executive vice president, operations, succeeding Carl Ice, who has been promoted to president and chief operating officer. Fox will be responsible for engineering; mechanical; transportation; safety training and operations support; and resource [...]
It was a boomer of a third quarter for major railroad profits. Blockbuster earnings were reported by Canadian National, Canadian Pacific, CSX, Kansas City Southern, Norfolk Southern and Union Pacific as railroads exercised market pricing power and enjoyed robust increases in [...]
Voters in California have approved a ballot proposition preventing the state or local governments from borrowing or redirecting to other budget projects any fuel tax or local property tax funds earmarked for transportation projects such as rail and transit. The California bal [...]
Although UTU members participating in the Railroad Employees National Health and Welfare Plan and the National Railway Carriers and United Transportation Union Health and Welfare Plan (NRC/UTU) have received notices that they must provide Social Security and Medicare Health I [...]
By International President Mike Futhey What do the Nov. 2 congressional election results mean for UTU members and their families? Consider these facts that are not always obvious: While it is true that organized labor has more friends among Democrats, many of the Republicans [...]
NEW YORK — UTU represented Staten Island Railway (SIR) has a new vice president and chief officer, Stephone Montgomery, who succeeds John Gaul, reports railwayage.com. Montgomery is a 27-year veteran of New York’s Metropolitan Transit Administration (MTA), the par [...]
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