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Teamsters, Republic Airlines representatives resume negotiations
(Source: International Brotherhood of Teamsters press release, October 24, 2013) WASHINGTON, D.C. —The International Brotherhood of Teamsters’ Airline Division and representatives of Republic Airways yesterday held talks in Washington, D.C. The meeting was described...
Wisconsin unions score court victory, but will it stick?
(Source: Associated Press, October 21, 2013) MADISON, Wisc. — Wisconsin union leaders scored a win when a Madison judge ordered state labor relations officials to stop enforcing portions of Gov. Scott Walker's collective bargaining restrictions, but it could be a...
Four things you need to know about the plot to sell off pensions to Wall Street
(Source: AlterNet, October 23, 2013) NEW YORK — Less than a year ago, the Wall Street Journal alerted its national readership to what was happening in the tiny state of Rhode Island. In a story headlined “Small State Gets Big Pension Push,” the paper noted that the...
Large companies find ways to a zero tax rate
(Source: USA Today, October 24, 2013) WASHINGTON, D.C. — Despite widespread groans about the recent disclosure that Apple is finding ways to cut its federal tax bill, an analysis shows the computer giant is one of scores of corporations largely dodging the taxman. A...
Billionaire Ackman trims stake in CP Rail, adding to fund’s cash pile
(Source: Reuters, October 24, 2013) NEW YORK — Billionaire investor William Ackman announced on Thursday that he sold 6 million shares in Canadian Pacific Railway Ltd after a huge run-up in the stock, adding a large pile of cash to his $11 billion hedge fund. Just...
Amtrak getting ready to roll out sleeker rail cars made by Elmira plant
(Source: Associated Press, October 25, 2013) ELMIRA, N.Y. — An Elmira plant is putting the finishing touches on new long-distance rail cars for Amtrak. The cars are being built at CAF USA's manufacturing plant in Elmira, and production of the first units is nearing...
Amtrak previews new long distance cars
(Source: Amtrak press release, October 24, 2013) WASHINGTON, D.C. — Production of the first units of new Amtrak long distance passenger rail cars is nearing completion and they are expected to begin field testing this winter. The cars are being built by CAF USA at its...
AAR: Railroads report traffic increase over 2012 for week ending October 19
(Source: Association of American Railroads press release, October 24, 2013) WASHINGTON, D.C. — The Association of American Railroads (AAR) reported increased weekly rail traffic for the week ending October 19, 2013 with total U.S. weekly carloads of 289,256 carloads,...
Lionel Trains: 113-year-old icon goes digital
(Source: CNN, October 21, 2013) NEW YORK — Their iconic model trains have been chugging through bedrooms and around coffee tables for the past 113 years. But now, New York-based Lionel Trains is getting a digital makeover. Full story: CNN
Ohio unions remain steady as opposition postures ‘support’ for Right to Work
(Source: The Publicity Agency, October 22, 2013) BEVERLY HILLS, Calif. — As Right to Work supporters ramped up efforts to take the law into their own hands and force the controversial Right to Work agenda onto a statewide ballot in 2014, unions say they are not only...