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Daily Headlines
RRB Q&A: Unemployment and sickness benefits for railroad employees
(Source: Railroad Retirement Board press release, July 17, 2018) CHICAGO — The Railroad Retirement Board (RRB) administers the Railroad Unemployment Insurance Act, which provides two kinds of benefits for qualified railroaders: unemployment benefits for those who...
Teamsters to vote on strike authorization at Rite Aid’s only midwest distribution center
(Source: International Brotherhood of Teamsters press release, July 27, 2018) PONTIAC, Mich. — Teamsters working for Rite Aid’s Waterford, Mich., distribution center will vote Sunday, Aug. 5, to authorize an unfair labor practice strike protesting management’s...
Report: Short lines add $6.5 billion to U.S. economy
(Source: Railway Age, July 27, 2018) NEW YORK — An industry economic impact report found short line railroads provide $6.5 billion in added value to the U.S. economy – aided by the positive impact of the Short Line Tax Credit. The report, which was prepared by...
In push to keep Amtrak, Sen. Udall introduces legislation to repair New Mexico’s rail infrastructure
(Source: Television station KOB4, July 27, 2018) ALBUQUERQUE, N.M. — A push to keep Amtrak running through New Mexico is moving forward. Wednesday, U.S. Senator Tom Udall presented legislation to set aside federal money to repair signals, bridges, and rails in rural...
Ohio senators attempt to force Amtrak to restaff Union Terminal
(Source: Cincinnati Enquirer, July 26, 2018) CINCINNATI, Ohio — Rail supporters were devastated in May when Amtrak decided to shut its ticket office at Union Terminal. But a new amendment to the Transportation, Housing and Urban Development appropriations bill could...
KCS CFO Upchurch sells 5,442 shares of company stock
(Source: Fairfield Current, July 28, 2018) NEW YORK — Kansas City Southern CFO Michael W. Upchurch sold 5,442 shares of the stock in a transaction on Thursday, July 26. The stock was sold at an average price of $116.77, for a total transaction of $635,462.34....
NS increases quarterly dividend by 11 percent
(Source: Norfolk Southern press release, July 27, 2018) NORFOLK, Va. — Norfolk Southern Corporation announced that its board of directors today approved an 11 percent increase in its quarterly dividend on the company’s common stock, from 72 to 80 cents per share....
Amtrak to invest $370 million into equipment to improve Northeast Corridor
(Source: Railway Technology, July 30, 2018) WASHINGTON, D.C. — Amtrak is set to invest $370m over a period of three years into the upgrade of the Northeast Corridor (NEC) that connects eight US states and the District of Columbia. As part of the investment, the...
Mineta report highlights terrorist attacks on rail targets
(Source: Progressive Railroading, July 27, 2018) Since 1970, terrorist groups and criminals have made more than 1,000 attempts to derail trains and attack rail infrastructure around the world, according to new Mineta Transportation Institute (MTI) research. Full...
City urging Amtrak not to make changes to train route that runs through Lawrence
(Source: Lawrence Journal-World, July 29, 2018) LAWRENCE, Kan. — In her years as a volunteer caretaker at the Santa Fe train station in Lawrence, Carey Maynard-Moody witnessed firsthand the broad mix of people who use the train. She said they included travelers from...
