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Daily Headlines
UP EVP Butler sells $2.4 million in company stock
(Source: Baseball News Source, December 14, 2016) NEW YORK — Union Pacific Corp. EVP Eric L. Butler sold 23,198 shares of the business’s stock in a transaction that occurred on Friday, December 9. The stock was sold at an average price of $104.94, for a total value of...
CSX President Gooden sells $1 million in company stock
(Source: Sports Perspectives and Market News, December 14, 2016) NEW YORK — CSX Corp. President Clarence W. Gooden sold 28,587 shares of the firm’s stock in a transaction dated Monday, December 12. The shares were sold at an average price of $36.92, for a total value...
Voters, candidates show their support for paid leave
(Source: International Brotherhood of Teamsters press release, December 14, 2016) WASHINGTON, D.C. — Candidates and the American people have spoken – and they both want workplaces with worker-friendly policies. Two studies conducted by the National Partnership for...
CN denies report alleging it overcharged for construction projects
(Source: Globe and Mail, December 13, 2016) MONTREAL — Canadian National Railway Co. denied a report that alleges the Montreal-based freight carrier has overcharged Ontario taxpayers for construction work for the past 15 years. Full story: Globe and Mail
Tracking the California bullet train’s progress
(Source: New York Times, December 15, 2016) NEW YORK — California’s bullet train plan is the state’s biggest public works project. If all goes to plan, the $64 billion rail line would whisk passengers between San Francisco and Los Angeles in 2 hours 40 minutes. Other...
DOT to review oil by rail flammability risk
(Source: Environment News Service, December 13, 2016) NEW YORK — The federal government will take action on a petition by the state of New York seeking to close a loophole that currently allows highly flammable crude oil to be shipped by rail through communities in...
Union Pacific CEO optimistic about future
(Source: Marysville Advocate, December 14, 2016) MARYSVILLE, Kan. — Closing out 2016 and heading into next year, Union Pacific Railroad chief executive officer Lance Fritz said in comments issued by the company that he is optimistic about opportunities that lie ahead....
NJ Transit temporarily removes 11 workers under new fatigue assessment program
(Source: Associated Press, December 14, 2016) NEWARK, N.J. — Eleven New Jersey Transit train engineers or conductors have been temporarily removed from duty under a new program to assess fatigue-related conditions begun after a deadly crash this fall, the agency said...
RRB: Medicare Part B premiums for 2017
(Source: Railroad Retirement Board press release, November 29, 2016) CHICAGO — The Centers for Medicare & Medicaid Services has announced that the standard monthly Part B premium will be $134.00 in 2017. However, most Medicare beneficiaries will not pay this amount....
Federal court ruling is victory for XPO workers in Laredo, Texas
(Source: International Brotherhood of Teamsters press release, December 13, 2016) WASHINGTON, D.C. — A federal court has denied XPO/Con-way’s latest attempt to delay the decision by workers in Laredo, Texas to form their union as Teamsters with Local 657. The United...
