May 11, 2020 | Headlines, Railroad Retirement
(Source: Railroad Retirement Board press release, March 31, 2020) CHICAGO — The Coronavirus Aid, Relief, and Economic Security Act, or CARES Act, signed into law by President Trump on March 27, boosts unemployment and sickness benefits for railroad workers impacted by...
May 11, 2020 | Headlines, Railroad Retirement
(Source: Railroad Retirement Board press release, March 22, 2020) CHICAGO — Employers and employees covered by the Railroad Retirement Act pay higher retirement taxes than those covered by the Social Security Act. As a result, railroad retirement benefits are higher...
May 11, 2020 | Headlines, Railroad Retirement
(BLET Editor’s Note: The following is a message to Rail Labor from John Bragg, Labor Member of the Railroad Retirement Board.) CHICAGO, May 2 — In my April 16, 2020 update, I discussed a question involving furloughs and negotiated agreements which had been added to...
May 11, 2020 | AAR Freight Trends, Headlines
(Source: Freight Waves, May 10, 2020) CHATTANOOGA, Tenn. — In 2020, North American rail volumes could fall roughly 15% or more compared to a year ago. This projection, amidst others for deep declines in coal traffic and a shaky environment for intermodal volumes, was...
