I've seen blue lights on YouTube train videos.
Blue lights, signs, or tags are a train crew's kryptonite.
As AK9R said Blue indicates mechanical forces are doing something to the train. The blue is like a lock-out-tag-out type of thing. When I was an engineer I would routinely encounter blue flags, blue lights, etc. I would sit in the engineers seat, and that was the extent of the things I was willing to do.
If we found a track with a blue flag, we wouldn't even line a switch into it let alone think about passing the flag.
Blue is a serious color on the railroad, and if you saw something blue on a moving train someone is about to lose their entire career and it's entirely possible that they killed one or more people on the way to the end of their career.