Archive for October 13, 2020
TriMet declares impasse on union contract negotiations
(Source: Progressive Railroading 10/13/2020) The Tri-County Metropolitan Transportation District of Oregon (TriMet) last week declared an impasse in contract negotiations with the Amalgamated Transit Union Local 757 (ATU), which represents more than 2,700 TriMet employees. Since October 2019, TriMet and ATU have completed 15 negotiation sessions and four mediation sessions with no headway on major issues, TriMet…
Read MoreNRF: Imports set new record, as retailers stock up early for holidays
(Source: Progressive Railroading 10/13/2020) U.S. ports covered by the Global Port Tracker handled 2.1 million 20-foot-equivalent units (TEUs) in August, a 9.7% increase from July and an 8% increase year over year, the National Retail Federation (NRF) and Hackett Associates reported late last week. August’s TEU level was the highest number of containers imported in a single…
Read MoreUP names Jalali chief information officer, Panzer SVP of strategic planning
(Source: Progressive Railroading 10/13/2020) Union Pacific Corp. has named Rahul Jalali chief information officer, effective Nov. 2. Jalali will lead the development, implementation and operation of UP’s information and telecommunications technologies, UP officials said in a press release. Jalali served 23 years at Walmart Inc., most recently as vice president of Walmart International. During his…
Read MoreRailroad Unemployment and Sickness Benefits will see slight decrease in new sequestration reduction rate
(Source: Railroad Retirement Board press release, September 30, 2020) CHICAGO — Under the Budget Control Act of 2011, and a subsequent sequestration order to implement mandated cuts, railroad unemployment and sickness insurance benefits are reduced by a set percentage that is subject to revision at the beginning of each fiscal year. Starting October 1, 2020, the…
Read More