Calif. Amtrak routes gain $100 million from FRA

California’s Amtrak-operated Pacific Surfliner and San Joaquin routes are due for an equipment upgrade following a Federal Railroad Administration $100 million direct grant to the California DOT (Caltrans). Amtrak operates the routes under contract to Caltrans. The mone [...]

CN reports 31% profit improvement for 1Q

Notwithstanding severe winter weather that caused rival Canadian Pacific’s profit to plunge 67 percent, Canadian National reported a 31 percent increase in first quarter 2011 profit versus first quarter 2010. This comes following a 19 percent increase in CN profit for c [...]

We no longer offer UTU credit cards

Due to changes in the financial services markets, the UTU is no longer able to offer a UTU-branded credit card. Over the years, these UTU-branded cards generated much-needed funding for the union’s education and training fund. Servicing of former UTU credit card account [...]

UP reports strong first quarter results

Union Pacific profit rose 24 percent in first quarter 2011 compared with first quarter 2010, the railroad reported April 20. This follows a 47 percent jump in Union Pacific profit for calendar-year 2010. UP Chairman Jim Young said the railroad would increase its 43,000 employ [...]

UTU, SMWIA arbitration set for June

Arbitrator Michael H. Gottesman will hear presentations by the UTU and the Sheet Metal Workers International Association during five days of arbitration in June to determine whether the merger agreement between the UTU and the SMIWA is an enforceable agreement. Gottesman, a l [...]