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Q&A: RRB deemed service month credits

(Source: Railroad Retirement Board press release, September 2, 2021) CHICAGO — Railroad retirement benefits are based on months of service and earnings credits. Earnings are creditable, up to certain annual maximums, on the amount of compensation subject to railroad...

CN to cut 1,000 jobs as part of new strategic plan

(Source: Railway Age, September 21, 2021) NEW YORK — A few days after throwing in the towel on its attempted merger with Kansas City Southern, and facing a board and management reorganization forced by activist investor and “beneficial owner” TCI Fund Management Ltd.,...

North Dakota politicians celebrate CP-KCS agreement

(Source: Devils Lake Journal, September 21, 2021) BISMARCK, N.D. — Following the announced merger between Canadian Pacific Railway (CP) and Kansas City Southern Railway (KCS), Senators John Hoeven and Kevin Cramer and Congressman Kelly Armstrong were among the members...