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AAR: U.S. rail traffic down for 14th week in a row

(Source: Railway Age, June 1, 2022) NEW YORK — Total U.S. weekly rail traffic for the week ending May 28, 2022 (Week 21) was 514,277 carloads and intermodal units, a 3% fall-off compared with the same week last year. This is the 14th consecutive week that total traffic has declined. (Total traffic gains were last seen in Week 7,…

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RRB issues Statements of Service (Form BA-6)

(Source: Railroad Retirement Board press release, May 20, 2022) CHICAGO — Each year, the U.S. Railroad Retirement Board (RRB) prepares a Form BA-6, Certificate of Service Months and Compensation, for every railroad employee with creditable railroad compensation in the previous calendar year. The RRB will mail the forms to employees during the first half of June. Anyone…

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Q&A: Buyouts and Railroad Retirement benefits

(Source: Railroad Retirement Board press release, April 26, 2022) CHICAGO — Railroad employees frequently ask the Railroad Retirement Board (RRB) how accepting a buyout from a railroad employer affects their future eligibility for benefits under the Railroad Retirement and Railroad Unemployment Insurance Acts. The following questions and answers provide information on this subject. 1. Would leaving…

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Q&A: Buyouts and Railroad Retirement benefits

(Source: Railroad Retirement Board press release, April 26, 2022) CHICAGO — Railroad employees frequently ask the Railroad Retirement Board (RRB) how accepting a buyout from a railroad employer affects their future eligibility for benefits under the Railroad Retirement and Railroad Unemployment Insurance Acts. The following questions and answers provide information on this subject. 1. Would leaving…

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