CSX Net Earnings: $510 million or $0.55 per share, up 15 percent from $445 million or $0.47 per share from 2016’s second quarter earnings results Revenue: Increased 8 percent to $2,933 million Operating Income: $958 million, up 14 percent Operating Ratio: 67.4 percent, [...]
John Risch, SMART TD’s national legislative director, spoke with Jaisal Noor of realnews.com on the significance of the 140th anniversary of the first national railroad strike that began July 14, 1877, also known as the Great Railroad Strike and Great Upheaval. More tha [...]
On June 17, 2017, the AFL-CIO issued a legislative alert to U.S. Senators regarding Trump’s nomination of Marvin Kaplan and William Emanuel to fill the vacant seats on the National Labor Relations Board (NLRB). In the alert, Emanuel is noted for representing the “ [...]
On July 10, the House Appropriations Committee released the fiscal year 2018 Transportation, Housing and Urban Development funding bill, which includes funding for the Department of Transportation (DOT), the Department of Housing and Urban Development and other related agenci [...]
The Railroad Retirement Board (RRB) administers the Railroad Unemployment Insurance Act, which provides two kinds of benefits for qualified railroaders: unemployment benefits for those who become unemployed but are ready, willing and able to work; and sickness benefits for th [...]
On July 7, Grupo Mexico S.A.B. de C.V. announced that its Grupo Mexico Transportes S.A. de C.V. unit (GMXT) completed its procurement of Florida East Coast Holdings Corp., parent company of Florida East Coast Railway (FECR). The acquisition had approvals from the Committee on [...]
On Monday, July 10, 2017, U.S. Congressmen from the State of New York, Rep. Tom Suozzi (D) and Rep. Peter King (R), addressed SMART TD members and officers at the Eastern Regional Meeting in New York City, Suozzi at the morning opening session and King at the lunch reception. [...]
For immediate release July 7, 2017 As part of our ongoing effort to conclude national contract negotiations, the Coordinated Bargaining Group (CBG) met with the nation’s freight rail Carriers (NCCC) for three days during the week of June 26th. These efforts were part of our o [...]
On July 6, 2017, the Chicago Tribune reported that regional airlines are working to reduce pilot in-flight training hours from the 1,500-hour requirement, through a provision that could be attached to the upcoming Federal Aviation Administration (FAA) Reauthorization Bill. A [...]
Instead of working to upgrade long-distance transportation services, and ignoring his promise to invest in American infrastructure, Trump is working to end long-distance train travel. According to an article posted on July 3, 2017, in the San Francisco Chronicle, if TrumpR [...]
