1370 Ontario St. - Mezzanine, Cleveland, Ohio 44113 • (216) 241-2630 / Fax: (216) 241-6516

Membership
Benefits
News and Issues
Departments
Secretary-Treasurers
Information
Merchandise
Communications
FELA
Events
Links
User Info

Opinion: 'It's deja vu all over again' as history repeats itself with MMA, GNP

(Source: Bangor Daily News opinion column by Whit Richardson, January 23, 2014)

BANGOR, Maine -- This morning, Jan. 23, a federal bankruptcy judge in Bangor approved the sale of the bankrupt Montreal, Maine and Atlantic Railway to a New York investment firm. That news was followed a few hours later by an announcement from Great Northern Paper that it would shut down its paper mill in East Millinocket, a customer of MMA, for at least 16 weeks because of high production costs and falling market prices for its paper. The two events, seemingly unrelated, are eerily similar to what happened almost exactly 11 years ago.

Full story: Bangor Daily News

Friday, January 24, 2014

Like us on Facebook at
Facebook.com/BLETNational

© 1997-2014 Brotherhood of Locomotive Engineers and Trainmen

 


Safety Task Force Hotline
800-306-5414

Decertification Helpline
800-393-2716

DAILY HEADLINES

Teamster Nation: Get the latest updates in the War on Workers
Chemical industry trade groups sue CP Rail over safety rules
Oil traffic may delay U.S. fertilizer shipments, farmers warn
Farmers still desperate for rail service
Railroad bridge across Mississippi River reopens
Natural gas rolls into world of freight rail
New commuter rail link ready to roll in central Florida
Amtrak's Rockford-Chicago route to restart in 2015, Illinois governor says
Amtrak, Maryland DOT, FRA partner on Susquehanna River Bridge study
Deadline set for filing claims against MMA Railway
Software firm raises $40 million to target train tickets
Riders give 'third world' Metro-North a D+ in survey
Union Pacific rebuilding gigantic steam locomotive
Medicare for railroad families

More Headlines


Enter your e-mail address to receive BLET news updates.

Subscribe  Unsubscribe