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(Source: Associated Press, April 7, 2023) “Think about going thru undulating territory sort of like a Slinky. You’re either trying to keep it stretched out or you’re trying to keep it all bunched together to control the forces from going in and out because that’s what causes derailments. And it causes train separations,” said Mark…

(Source: CNN, April 6, 2023) Part of the deal with being the boss is you get paid top dollar in exchange for taking on the most risk. In theory, at least. But the pandemic era has, in many cases, flipped that idea on its head. Recent filings illustrate the way CEOs are still lavishly compensated even when…

(Source: Freight Waves, April 7, 2023) The six derailments shared a number of characteristics: Each involved trains that consisted of 125 or more rail cars and utilized DPUs. The six incidents also involved trains that exceeded 4,000 trailing tons. Full story: Freight Waves

(Source: Railroad Retirement Board press release, March 31, 2023) CHICAGO — Retirees, and those planning retirement, should be aware of the railroad retirement laws and rules governing benefit payments to annuitants who work after retirement, whether they have retired based on age and service or on disability. The following questions and answers describe these railroad retirement…

(Source: New York Times, April 3, 2023) “It’s profit over everything, not just safety,” Mark Wallace, First Vice President of the Brotherhood of Locomotive Engineers and Trainmen, said in reference to the entire rail industry. “It’s profit over customer service. It’s profit over employee satisfaction.” Full story: Yahoo News