News
Effective at noon on June 1, 2016, U.S. Railroad Retirement Board (RRB) field offices around the country will be closed to the public on Wednesday afternoons. Field office representatives will not be available to assist walk-in customers or to answer the phones during Wednesday afternoons only. All RRB offices will remain open from 9 a.m….
In a press release dated April 11, 2016, Canadian Pacific Railway (CP) announced that it has terminated its efforts to merge with Norfolk Southern (NS). CP has also withdrawn its resolution asking NS shareholders to vote in favor of good-faith negotiations between the two companies. “No further financial offers or overtures to meet with the…
CSX Corporation announced declining financial results for the first quarter 2016. Net earnings for the railroad decreased to $356 million or $0.37 per share, down from first quarter 2015 reported net earnings of $442 million or $0.45 per share. “As we managed through the impact of the continued coal decline and other market forces during…
On Friday, April 8, Amtrak filed a lawsuit against Cimarron Crossing Feeders, LLC, claiming “gross negligence” as the alleged cause of a derailment last month that left 32 passengers injured. The National Transportation Safety Board (NTSB) found in their investigation that one of the feed company’s trucks had struck the side of the railroad trucks,…
In a letter to the Federal Motor Carrier Safety Administration (FMCSA), the Transportation Trades Department, AFL-CIO (TTD), endorsed better oversight of curbside bus operators. In there letter, the TTD says “the passenger bus sector must be held to one standard of safety and curbside operators should not be allowed to operate unsafe vehicles, violate hours of…