BLET News
TCRC: Propane shortage appears largely manufactured by CN
(Source: Teamsters Canada press release, November 22, 2019) MONTREAL — The widely reported propane shortage in Ontario and Québec appears to be largely manufactured by Canadian National Railway (CN). Despite the strike by members of the Teamsters Canada Rail Conference (TCRC), over 1,800 locomotive engineers and over 600 supervisors are free to cross picket lines and…
Read MoreTCRC says “no substantive progress” with CN as strike enters fourth day
(Source: Reuters Canada, November 22, 2019) MONTREAL — A strike at Canada’s biggest railroad, Canadian National Railway Co, entered its fourth day on Friday amid ongoing talks, but the Teamsters union said in a statement that “no substantive progress” has been made on key demands by striking workers. Full story: Reuters Canada Friday, November 22, 2019
Read MoreGA-46000 Lifetime maximum adjusted for 2020
INDEPENDENCE, Ohio, November 21 — The lifetime maximum benefit for the Railroad Employees National Early Retirement Major Medical Benefit Plan (also known as ERMA or GA-46000) will increase from $166,400 to $171,100 on January 1, 2020. At the end of 2001, Labor and Management agreed on various procedures to administer the annual changes in the…
Read MoreKCS COO Songer sells $973,652 in company stock
(Source: Financial Stocks Daily, November 21, 2019) NEW YORK — COO Jeffrey M. Songer sold 6,304 shares of the company’s stock in a transaction on Monday, November 18. The stock was sold at an average price of $154.45, for a total transaction of $973,652.80. Following the completion of the transaction, the chief operating officer now…
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