News
Net Earnings: $455 million or $0.48 per share; down from $507 million or $0.52 per share Revenue: Declined 8 percent Operating Income: Declined 10 percent to $841 million Operating Ratio: Increased 70 basis points to 69.0 percent Click here to read CSX’s full earnings report Net Earnings: $121 million or $1.12 per diluted share;…
CNN reports that a tour bus operated by USA Holiday slammed into the back of a tractor trailer, killing 13 and injuring 31 more. The bus was returning to Los Angeles from a casino Sunday when the crash occurred at approximately 5:15 a.m. The bus operator was killed and the truck driver was injured. The…
In light of the deadly NJT September 29th transit crash in Hoboken, NJ, that killed one person and injured more than 100, U.S. Senator Cory Booker, the top-ranking Democrat on the U.S. Senate subcommittee that oversees passenger rail safety, and U.S. Senator Bob Menendez, the top-ranking Democrat on the U.S. Senate mass transit subcommittee, submitted a letter…
In two press releases, the Railroad Retirement Board (RRB) announced increases to benefits and retiree earnings limits for 2017. Read the press releases below. RRB 16-7: Benefits increase RRB 16-8: Retiree earnings limits increase