News Archive
House approves six-month FAA funding extension
The House approved a bill on Monday to extend federal aviation funding, which is currently set to expire on Wednesday, until March 2016. The measure, introduced on Friday by House Transportation and Infrastructure Committee Chairman Bill Shuster (R – Pa.), was approved [...]
Private rail pensions may reduce supplemental annuities
Railroad retirement beneficiaries are reminded that receipt of a private railroad pension may reduce the amount of a supplemental annuity payable by the Railroad Retirement Board (RRB). The following questions and answers provide information on this subject, as well as how di [...]Great Lakes Airlines defaults on loan
CHEYENNE, Wyo. – Great Lakes Aviation has defaulted on a $27.5 million loan with Callidus Capital Corp., according to documents filed with the U.S. Securities and Exchange Commission. As a result of the default, the lending company has the right to “take possessio [...]Rail pensions may reduce supplemental annuities
Railroad retirement beneficiaries are reminded that receipt of a private railroad pension may reduce the amount of a supplemental annuity payable by the Railroad Retirement Board (RRB). The following questions and answers provide information on this subject, as well as how di [...]DOT announces $22.5 million for low emission buses
WASHINGTON – The U.S. Department of Transportation’s Federal Transit Administration (FTA) is announcing the availability of $22.5 million through the latest round of the Low or No Emission Vehicle Deployment Program (LoNo) that will help deploy the next generation of energy-e [...]PEB 248 recommends NJT contract terms
Presidential Emergency Board 248 has issued its recommendations to settle the four year contract dispute between New Jersey Transit and the Rail Labor Coalition of fourteen unions representing 4,300 union workers. The recommendations on the major issues of wages and health in [...]