Listen to this article Your browser does not support the audio element. Recent tornados in southern states — from Mississippi to Virginia that killed more than 340 and injured thousands more — plus severe flooding in other parts of the country have likely affected [...]
Listen to this article Your browser does not support the audio element. Train and engine employment on major U.S. railroads climbed by almost 7.5 percent in March 2011 to 62,627, versus March 2010, according to U.S. Surface Transportation Board data. The 7.47 percent increase [...]
Listen to this article Your browser does not support the audio element. Brakemen, conductors and engineers on Chicago South Shore & South Bend Railway (CSS), all represented by the UTU, have ratified a new five-year agreement by a four-to-one margin. The contract, retroac [...]
Listen to this article Your browser does not support the audio element. Most major North American freight railroads reported strong earnings for the first quarter 2011 versus first quarter 2010. Following is a wrap-up for the quarterly earnings reported by the railroads to th [...]
Listen to this article Your browser does not support the audio element. A tentative new five-year national rail agreement covering wages, benefits and working conditions has been reached between the UTU and the National Carriers’ Conference Committee (NCCC). The tentati [...]
Listen to this article Your browser does not support the audio element. America is still mired in recession, but the railroad industry continues to show financial strength. Most railroads over the past week reported strong improvements in profit and operating efficiency for t [...]
Listen to this article Your browser does not support the audio element. Norfolk Southern reported a 26 percent increase in profit for first quarter 2011 versus first quarter 2010. This follows a 45 jump in NS profit for calendar-year 2010. NS CEO Wick Moorman said the railroa [...]
Listen to this article Your browser does not support the audio element. California’s Amtrak-operated Pacific Surfliner and San Joaquin routes are due for an equipment upgrade following a Federal Railroad Administration $100 million direct grant to the California DOT (Ca [...]
Listen to this article Your browser does not support the audio element. Notwithstanding severe winter weather that caused rival Canadian Pacific’s profit to plunge 67 percent, Canadian National reported a 31 percent increase in first quarter 2011 profit versus first qua [...]
Listen to this article Your browser does not support the audio element. Due to changes in the financial services markets, the UTU is no longer able to offer a UTU-branded credit card. Over the years, these UTU-branded cards generated much-needed funding for the union’s [...]
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