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U.S. ports logjam sees rocketing levels of container thefts

(Source: Supply Chain, November 14, 2021) WASHINGTON, D.C. — Stolen shipments are becoming an increasingly common theme, as slow-moving cargo that crawls through backlogged West Coast ports is being targeted by criminals looking to cash-in on consumer electronics, the price of which has been driven up by the semiconductor shortage. On the East Coast, meanwhile,…

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Railroad Retirement benefits set to increase in 2022

(Source: Railroad Retirement Board press release, October 29, 2021) WASHINGTON, D.C. — Most railroad retirement annuities, like social security benefits, will increase in January 2022 due to a rise in the Consumer Price Index (CPI) from the third quarter of 2020 to the corresponding period of the current year. Cost-of-living increases are calculated in both the…

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STB sets hearings on three major issues

(Source: Trains Magazine, November 12, 2021) WASHINGTON, D.C. — The Surface Transportation Board has scheduled hearings on three major issues: the CSX acquisition of Pan Am Railways; Amtrak’s bid to operate trains between New Orleans and Mobile, Ala., and its reciprocal switching proposal. Full story: Trains Magazine Monday, November 15, 2021

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Railroads’ use of long trains to go under the microscope

(Source: Trains Magazine, November 15, 2021) WASHINGTON, D.C. — The $1.2 trillion infrastructure bill President Biden is slated to sign into law today (Monday, Nov. 15) contains funding for a study of Class I railroads’ use of ever-longer trains and their impact on safety, grade crossings, freight and passenger service, and the environment. The measure…

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