General Information
Information on Federal income tax and Railroad Retirement benefits available online
(Source: Railroad Retirement Board press release, March 5, 2020) CHICAGO — With tax time rapidly approaching, the U.S. Railroad Retirement Board (RRB) wants to remind its customers that the best source of information pertaining to Federal income tax and railroad retirement benefits is the agency’s website, RRB.gov. Those visiting can access a variety of income tax-related…
Read MoreAAR: Coronavirus impact on February rail traffic ‘limited’
(Source: Progressive Railroading 03/05/2020) Despite uncertainty over the potential economic effects of the COVID-19 outbreak, the impact on rail traffic so far has been limited, the Association of American Railroads (AAR) announced yesterday. Last month’s 8.1 percent decline in U.S. freight rail traffic compared with February 2019 levels was primarily due to a reduction in coal carloads,…
Read MoreBLET urges rail industry to address coronavirus pandemic
INDEPENDENCE, Ohio, March 6 — The Brotherhood of Locomotive Engineers and Trainmen (BLET) is urging the railroad industry to take steps to protect BLET members, their co-workers and the general public from the ongoing coronavirus (COVID-19) pandemic. BLET National President Dennis R. Pierce voiced the union’s concerns in a March 5 letter to Brendan Branon,…
Read MorePort of Coos Bay opens rail reload yard to serve Oregon coast
(Source: Progressive Railroading 03/04/2020) The Lost Creek Rock Products Coastal Reload Yard opened March 1 at the Port of Coos Bay in Oregon. The multi-commodity, rail-to-truck and truck-to-rail terminal will serve the southern Oregon coast with a link to domestic and global markets, Port of Coos Bay officials said in a press release. Located on the…
Read MoreUP in talks to sell Burnham Rail Yard to Colorado DOT
(Source: Progressive Railroading 02/21/2020) Union Pacific Railroad and the Colorado Department of Transportation (CDOT) have reached a preliminary agreement for the sale of 59 acres of the Burnham Rail Yard south of downtown Denver, according to local news reports. The High Performance Transportation Enterprise, a CDOT-owned entity, earlier this week approved a nonbinding term sheet that would set a purchase…
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