Archive for March 24, 2020
Rail Conference seeks Railroad Retirement improvements in coronavirus stimulus bill
https://www.ble-t.org/pr/news/newsflash.asp?id=12319 INDEPENDENCE, Ohio, March 24 – In a letter to Congressional leaders today, the Teamsters Rail Conference urges Congress to improve Railroad Retirement unemployment and sickness benefits as it votes on a stimulus package to provide economic relief to Americans who are not able to work during the coronavirus pandemic. The letter is part of…
Read MoreAmtrak cuts management pay to address ridership loss
(Source: Progressive Railroading 03/24/2020) With daily ridership down 90 percent and future bookings down 85 percent year over year, Amtrak is cutting management pay and taking other “aggressive” steps to address revenue losses related to the impact of the coronavirus, The Philadelphia Inquirer reported today. “Amtrak and our state partners estimate we need approximately $1 billion in supplemental funding through…
Read MoreDeregulating rail transportation of liquefied natural gas
(Source: The Regulatory Review, March 23, 2020) WASHINGTON, D.C. — A new regulation from the Trump Administration may soon make it easier for U.S. companies to ship large quantities of liquefied natural gas (LNG), an increasingly valuable product. But the new regulation also carries great risks. Full story: www.theregreview.org Tuesday, March 24, 2020
Read MoreBLET, SMART-TD seek federal help in ensuring coronavirus response
(Source: Freight Waves, March 24, 2020) CHATTANOOGA, Tenn. — Two railroad labor unions are pressing the Federal Railroad Administration (FRA) to issue emergency orders pushing the freight and passenger railroads to adopt protective measures more speedily amid the growing coronavirus outbreak in the U.S. Full story: Freight Waves Tuesday, March 24, 2020
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