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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...

CP-KCS a “powerful combination,” CP CEO says

(Source: Railway Age, September 17, 2021) NEW YORK — “I am elated for our CP family,” an understandably energized Canadian Pacific President and CEO Keith Creel told Railway Age Editor-in-Chief William C. Vantuono the day after a joint call with analysts with his...

CN launches new strategic plan after failed bid for KCS

(Source: Canadian Press, September 17, 201) MONTREAL — Canadian National Railway Co. announced a new strategic plan on Friday as it looks to move past its failed bid for a U.S. railway and stave off criticism from an activist investor looking to make leadership...

Union Pacific CEO sees strong economy coming out of pandemic

(Source: Associated Press, September 17, 2021) OMAHA, Neb. — As Union Pacific’s CEO, Lance Fritz has had to find ways to keep the freight moving during the coronavirus pandemic as the economy nearly ground to a halt and then roared back to life. Now he is working to...