Archive for September 2017
Health FSA open enrollment for 2018 begins October 1
INDEPENDENCE, Ohio, September 26 — Open enrollment for the Health Flexible Spending Account Plan (FSA) 2018 benefit year runs from October 1 through October 31, 2017. Members must enroll in the Health FSA every year — FSA enrollment is not automatic each year so interested members should act soon so they do not miss out on…
Read MoreGenesee & Wyoming has multiplied holdings a hundredfold since 1977 by employing a carefully crafted acquisition strategy
(source: Progressive Railroading September 2017) By Jeff Stagl, Managing Editor Since Mortimer Fuller III bought a controlling interest in the Genesee and Wyoming Railroad Co. (GNWR) 40 years ago, the company he formed and molded has grown exponentially. Now named Genesee & Wyoming Inc. (G&W), its holdings have mushroomed from one small 14-mile railroad in upstate New York…
Read MoreSTB: Class Is employed fewer workers in August
(source: Progressive Railroading 09/22/2017) Class Is employed 147,319 employees as of mid-August, down 3.56 percent year-over-year and 0.15 percent compared with mid-July employment numbers, according to the U.S. Surface Transportation Board (STB). Five of the six employment categories reflected workforce decreases in mid-August compared with mid-July. The number of transportation (other than train and engine) employees declined…
Read MoreAAR: U.S. traffic volume tumbled in week 37
(source: Progressive Railroading 09/21/2017) After registering gains for most weeks in 2017, total U.S. rail traffic declined in the year’s 37th week. Traffic clocked in at 530,774 carloads and intermodal units for the week ending Sept. 16, down 1.4 percent compared with total volume from the same week last year, according to Association of American Railroads (AAR)…
Read MoreBill to repeal right-to-work nationwide introduced in Senate
(Source: Washington Examiner, September 21, 2017) WASHINGTON, D.C. — Senate Democrats introduced legislation Wednesday to repeal all state right-to-work laws, arguing that the laws, which prevent workers from being forced to join or financially support a labor union as a condition of employment, are wrong because they make it harder to form unions. The legislation…
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