November 19, 2021 | Headlines, Railroad Retirement
(Source: Railroad Retirement Board press release, October 29, 2021) WASHINGTON, D.C. — Most railroad retirement annuities, like social security benefits, will increase in January 2022 due to a rise in the Consumer Price Index (CPI) from the third quarter of 2020 to...
November 19, 2021 | Headlines, Teamsters, War on Workers
The International Brotherhood of Teamsters updates the news section of its website each day with the latest regarding the Teamsters, domestic and global labor and trade issues, state and living wage battles, social justice, the War on Workers, and many other important...
November 19, 2021 | Health & Welfare, News
INDEPENDENCE, Ohio, November 19 — The lifetime maximum benefit for the Railroad Employees National Early Retirement Major Medical Benefit Plan (also known as ERMA or GA-46000) will increase from $175,700 to $182,700 on January 1, 2022. At the end of 2001, Labor and...
November 18, 2021 | CP, Headlines, KCS
(Source: Bloomberg, November 17, 2021) NEW YORK — Canadian Pacific Railway Ltd. raised US$8.45 billion by selling investment-grade bonds in U.S. and Canadian dollars to help fund its acquisition of Kansas City Southern. Full story: BNN Bloomberg
November 18, 2021 | AAR Freight Trends, Headlines
(Source: Railway Age, November 17, 2021) NEW YORK — U.S. rail traffic for the week ending Nov. 13, 2021 continued to suffer, as a near-10% drop in intermodal loadings canceled out a small carload gain, the Association of American Railroads (AAR) reported Nov. 17....
