UP CEO: Positive Train Control technology a "terrible waste" of money [Brotherhood of Locomotive Engineers]

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UP CEO: Positive Train Control technology a "terrible waste" of money
(Source: Bloomberg News, September 9, 2011)

NEW YORK — According to Bloomberg, Union Pacific Corp. Chief Executive Officer Jim Young said Positive Train Control technology is a “terrible waste of money,” and President Barack Obama should junk the idea.

Full story: www.bloomberg.com

Monday, September 12, 2011

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