7061 East Pleasant Valley Road, Independence, Ohio 44131 • (216) 241-2630 / Fax: (216) 241-6516

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

Opinion: A free-market ‘yes’ to Texas high-speed rail

(Source: Texas Tribune opinion column by Tom Giovanetti, December 14, 2018)

AUSTIN, Texas — The Texas Central Rail project is backed by private venture capital, and whether it is successful should be determined by markets, not by the Texas Legislature or the Reason Foundation or CAGW. Private investors will scrutinize the business model and projections, and if private investors don’t think the project will work, they won’t invest. There’s nothing novel at all about this — this is how every new venture in every industry works.

Full story: Texas Tribune

Friday, December 14, 2018

Like us on Facebook at
Facebook.com/BLETNational

Sign up for BLET News Flash Alerts

© 1997-2021 Brotherhood of Locomotive Engineers and Trainmen

 


Decertification Helpline
(216) 694-0240

National Negotiations

Sign up for BLET
News Flash Alerts

DAILY HEADLINES

STB determines CP may seek certain KCS materials
Class I workforce rose slightly in June from May’s level
NLRB finds Amazon interfered with Bessemer union drive, recommends new election
At KCS, a fight for shareholder approval
Acts of domestic terrorism targeting railroads a concern for law enforcement in Washington
California expects to compete for billions in high-speed rail funding
NTSB investigating MBTA light rail collision
Amtrak Cascades’ 30-year-old fleet to be replaced by 2025
South Carolina drivers frustrated by trains blocking intersections, outdated laws making enforcement nearly impossible
Q&A: RRB financial reports
Unemployment and Sickness Benefit flexibilities under the Railroad Unemployment Insurance Act (RUIA) during the COVID-19 virus outbreak
Get the latest labor news from the Teamsters

More Headlines