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OSHA: Department of Labor orders Norfolk Southern to reinstate employee after being terminated for reporting injury

July 9, 2020

(Source: U.S. Department of Labor’s Occupational Safety and Health Administration (OSHA) press release, June 12, 2020) ATLANTA, Ga. — The U.S. Department of Labor’s Occupational Safety and Health Administration (OSHA) has ordered Norfolk Southern Railway Corp. to reinstate and pay more than $150,000 in back wages after terminating an employee for reporting an on-the-job injury at…

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White House warns railroad retirement fund about Chinese investments

July 9, 2020

(Source: Axios, July 8, 2020) NEW YORK — Top White House officials have bluntly warned the head of a board that administers railroad workers’ retirement benefits that the investment trust he oversees is exposing investors to undue economic risk and endangering U.S. national security because it invests in certain Chinese companies. Full story: www.axios.com Thursday, July…

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Rail stakeholders: Tough road ahead for infrastructure bill

July 8, 2020

(Source: Freight Waves, July 7, 2020) CHATTANOOGA, Tenn. — The multibillion-dollar infrastructure bill passed the U.S. House of Representatives last week, but whether it can make it through the Republican-controlled Senate to President Donald Trump’s desk is less clear. The U.S. House of Representatives passed the Moving Forward Act on a largely party-line vote of…

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Union Pacific EVP Whited sells $855,400 in company stock

July 8, 2020

(Source: Market Beat, July 7, 2020) NEW YORK — Union Pacific Co. EVP Elizabeth F. Whited sold 5,000 shares of the business’s stock in a transaction dated Monday, July 6. The shares were sold at an average price of $171.08, for a total value of $855,400.00. Full story: Market Beat Wednesday, July 8, 2020

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