BLET, SMART–TD, four others to bargain together

CLEVELAND, Dec. 17 — Top leaders of the Transportation Division of the International Association of Sheet Metal, Air, Rail and Transportation Workers (SMART–TD) and the Brotherhood of Locomotive Engineers and Trainmen (BLET) announced today that their organizations will be pa [...]

Metra, railroads push project to untangle rail corridor

Metra and freight railroad industry representatives on Friday called for a $1 billion project intended to untangle a snarl of railroad tracks that causes major problems for Chicago commuters and commerce. The project, known as the 75th Street Corridor Improvement Project, wou [...]

Budget bill sets Jan. deadline for rule on oil tank cars

Hidden away in Congress’ big spending bill, designed to fund the federal government through FY 2015, are stern marching orders to the U.S. Department of Transportation: Deliver a final rule for new, safer oil tank car design standards by Jan. 15, 2015, and require that all ra [...]

Can oil price declines end railroads' bull run?

Crude oil hit its five year low price on Monday, Dec. 8, under pressure from growing production in the U.S. and the unwillingness of the Organization of Petroleum Exporting Countries to cut production. West Texas Intermediate, the U.S. crude benchmark, declined 4.3 percent to [...]

Oil trains, pipelines and tanker ships

Everyone nowadays seems to either love or hate “fracking” for oil and natural gas in U.S. shale formations. But fracking enjoys an enviable safety record. After all, a large fraction of it is done a mile underground. Not much, if any, evidence of groundwater contamination has [...]

Old threats from a new Congress

In a twist to 18th century satirist Jonathan Swift’s “Modest Proposal,” National Industrial Transportation League (NITL) President Bruce Carlton suggests shippers consume (as in “eat”) their railroads. Before the Surface Transportation Board (STB), Carlton termed his petition [...]