Railroads release 2nd quarter earnings reports

Net Earnings: Increased 27 percent to C$1,310 million; diluted earnings per share increased 30 percent to C$1.77 Revenue: Increased 9 percent to C$3,631 million Operating Income: Increased 7 percent to C$1,519 million Operating Ratio: Increased 0.7 points to 58.2 percent (worsened as compared to the same period in 2017, but an improvement from the first…


August 1st 2018
Public, politicians concerned over Amtrak’s planned cuts to service

The public and members of Congress have been vocal in their displeasure with Amtrak’s announcements of cuts and planned cuts to service, including replacement of dining car service with boxed lunches on some routes, de-staffing 15 train stations around the country that serve less than 40 passengers per day and a proposal to substitute parts…


July 31st 2018
Senate confirms two to NTSB

The U.S. Senate confirmed two members to the National Transportation Safety Board (NTSB) on July 24. General aviation safety advocate Bruce Landsberg was confirmed as vice-chairman of the NTSB and transportation veteran Jennifer Homendy was confirmed to fill an empty board seat. Homendy was nominated to the position in April and will fill a term…


July 30th 2018
VP Lesniewski retires; Leonard elevated to vice president position

John Lesniewski, vice president and successor president of the Transportation Division of the International Association of Sheet Metal Air, Rail and Transportation Workers, has retired, effective July 1, 2018. Lesniewski, a member of Chicago Local 1534, started his railroad career on the Baltimore and Ohio Chicago Terminal Railroad (CSXT) on Oct. 29, 1972. After holding…


July 27th 2018
Second workers’ summit being held in Nebraska on Aug. 3

The success of an initial workers summit held in the spring is leading to a second meeting to be held Aug. 3, reports Terry Sigler, a retired legislative representative of SMART TD Local 286 in North Platte, Neb. Sigler said an April 6 meeting he organized drew about 100 members from various unions to during…


July 26th 2018