Archive for September 2017

(Source: Omaha World-Herald, September 16, 2017) OMAHA, Neb. — Union Pacific said Friday that its plan to eliminate approximately 500 management positions is complete. Full story: Omaha World-Herald Monday, September 18, 2017

(Source: Association of American Railroads press release, September 13, 2017) WASHINGTON, D.C. — The Association of American Railroads (AAR) today reported U.S. rail traffic for the week ending September 9, 2017. For this week, total U.S. weekly rail traffic was 486,474 carloads and intermodal units, up 0.8 percent compared with the same week last year. Total…

(Source: Progressive Railroading, September 13, 2017) CSX Corp. has eliminated 2,700 jobs so far this year, as the Class I works through its transition to a more efficient operating plan, Chief Financial Officer Frank Lonegro told investors at a conference last week. Full story: Progressive Railroading Thursday, September 14, 2017

(Source: Railroad Retirement Board press release, August 31, 2017) 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 retirement taxes. Credit for a month of railroad service is earned for every month in which an…

(Source: Associated Press, September 12, 2017) PHILADELPHIA — An unusual, 11th-hour attempt to put an Amtrak engineer behind bars for a deadly 2015 derailment in Philadelphia unraveled Tuesday as a judge dismissed the case without trial because he found the evidence pointed to an accident, not negligence. Full story: www.startribune.com Wednesday, September 13, 2017