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Daily Headlines
Canada orders more disclosure on hazardous rail cargoes
(Source: Reuters, November 20, 2013) OTTAWA — Canada will require railways to start telling municipalities what goods they have been transporting through their jurisdictions, but the government acknowledged that such data would not have prevented the July derailment...
New Jersey exploring ‘microgrid’ to keep mass transit running after disaster
(Source: Wall Street Journal, November 20, 2013) ATLANTIC CITY, N.J. — The Christie administration is pushing forward with an effort to build an independent electricity grid that could keep mass transit systems running in the event of a major disaster. Full story:...
High-speed rail from Fort Collins to Springs would cost $9.8 billion
(Source: Denver Post, November 19, 2013) GOLDEN, Colo. — A proposed high-speed rail system from Fort Collins to DIA and then south to Colorado Springs would cost about $9.8 billion and carry roughly 13 million passengers a year, according to planners Tuesday night....
Idaho rejects tax shift sought by telecoms, railroads and utilities
(Source: The Spokesman-Review, November 19, 2013) BOISE, Idaho — Idaho’s state Tax Commission refused Tuesday to extend a big property tax break to operators of railroad tracks, pipelines, cell towers and underground tanks, despite the urging of a roomful of officials...
McKesson CEO makes 943 times aver workers’ pay, but wants to cut Social Security
(Source: Teamster Nation, November 20, 2013) WASHINGTON, D.C. — McKesson, the pharmaceutical distribution giant, pays its CEO John Hammergren 943 times what the average McKesson worker makes. That puts McKesson right behind Walmart when it comes to CEO plundering of a...
Chart: These members of Congress are bankrolled by the fracking industry
(Source: Mother Jones, November 20, 2013) WASHINGTON, D.C. — The growing fracking industry is "yielding gushers" of campaign donations for congressional candidates — particularly Republicans from districts with fracking activity — according to a new report from the...
How Wall Street, not pensioners, wrecked Detroit
(Source: Salon, November 20, 2013) NEW YORK — In its house editorial yesterday, USA Today retold the now-accepted story of Detroit’s bankruptcy. Railing on “reckless public pensions,” the newspaper told its readers that the Motor City is “Exhibit A for municipal...
Wall Street boom doesn’t lessen workers’ gloom
(Source: International Brotherhood of Teamsters, November 20, 2013) WASHINGTON, D.C. — A key Wall Street indicator, the Dow Jones Industrial Average, crossed above 16,000 for the first time this week. But for Teamsters and other working Americans concerned about...
Railroad Retirement benefits to increase in 2014
(Source: Railroad Retirement Board press release, November 13, 2013) CHICAGO — Most railroad retirement annuities, like social security benefits, are scheduled to increase in January 2014 on the basis of the rise in the Consumer Price Index (CPI) from the third...
Railroad retiree earnings limits to rise in 2014
(Source: Railroad Retirement Board press release, November 13, 2013) CHICAGO — Railroad retirement annuitants subject to earnings restrictions can earn more in 2014 without having their benefits reduced as a result of increases in earnings limits indexed to average...