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Stop China’s infiltration of U.S. railroads

(Source: Defense One, November 26, 2018)  WASHINGTON, D.C. — America shouldn’t be buying Chinese railcars, ceding control of its rail industry, or injecting spyware-laden rolling stock into its transportation network. A myriad of problems has led to a “surprising level of foreign dependence on competitor nations,” according to the White House’s long-awaited report on the…

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FRA issues final rule regarding high-speed passenger rail operations

(Source: Federal Railroad Administration press release, November 20, 2018)  WASHINGTON, D.C. — The U.S. Department of Transportation’s (DOT) Federal Railroad Administration (FRA) issued a final rule establishing modern, performance-based safety standards for railroad passenger equipment. The rule reinforces FRA’s commitment to safety while representing one of the most significant enhancements to the nation’s passenger rail design…

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Historic price crash plunges Canadian oil patch into crisis

(Source: Bloomberg, November 21, 2018)  NEW YORK — While the U.S. oil industry has hit a speed bump with the recent $20 drop in oil prices in New York, producers in Canada are in a full-blown crisis. Heavy Canadian crude has been on a downward spiral since mid-May, with prices plummeting by more than 60…

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GA-46000 Lifetime maximum adjusted for 2019

INDEPENDENCE, Ohio, November 16 — 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 $162,500 to $166,400 on January 1, 2019. At the end of 2001, Labor and Management agreed on various procedures to administer the annual changes in the…

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