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Q&A: RRB financial reports

As of September 30, 2023, total railroad retirement system assets, comprising assets managed by the National Railroad Retirement Investment Trust (NRRIT) and the railroad retirement system accounts at the Treasury, equaled $26.5 billion.

UP explains absence from early contract agreements with organized labor

UP has sought to renegotiate the scheduling deal it reached last year with the BLET, under which engineers work 11 days and then have four days off. That prompted the union to sue the railroad this summer because it had yet to implement the scheduling agreement systemwide.

NTSB identifies probable cause of close-clearance death of CSX conductor trainee

“In this accident, a conductor trainee was fatally injured when he rode a shoving movement through a close clearance — a 7-inch gap — between his train and a series of parked locomotives. The conductor, riding a different ladder on the same railcar through the same gap, was not injured,” the NTSB said.

Regulators scrutinize trends on second day of rail growth hearings

At the opening of today’s Surface Transportation Board hearing on the lack of rail freight volume growth, Vice Chair Karen Hedlund said she was still struck by what she heard the day before from analysts and shippers and Class I railroad executives.

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