Archive for January 5, 2021
Railroad Retirement and Unemployment Insurance taxes in 2021
(Source: U.S. Railroad Retirement Board press release, December 18, 2020) CHICAGO — The amounts of compensation subject to railroad retirement tier I and tier II payroll taxes will increase in 2021, while the tax rates on employers and employees will stay the same. In addition, unemployment insurance contribution rates paid by railroad employers will include a…
Read MoreCanadian Pacific leads industry volume for second straight year
(Source: Trains.com, January 4, 2021) In a year when all of the big Class I railroads lost volume due to the economic impact of the pandemic, Canadian Pacific came out on top. Full story: www.trains.com Tuesday, January 5, 2021
Read MoreLandslides an ongoing problem for rail service in western Washington
(Source: www.king5.com, January 4, 2021) EDMONDS, Wash. — Heavy rain across western Washington this week has increased the threat of landslides in the region. Transportation officials are discussing the ongoing efforts to prevent landslides when the ground gets saturated. Two new landslides on the railroad tracks between Seattle and Everett have canceled Sounder commuter trains…
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