Category: News

Rahall to be ranking Dem. on T&I Committee

November 10, 2010 WASHINGTON — Rep. Nick Rahall (D-W.Va.), a long-time friend of the UTU, will be the ranking Democrat on the House Transportation & Infrastructure Committee when the new Congress is seated in 2011. With the defeat Nov. 2 of Rep. Jim Oberstar (D-Minn.), who had been c [...]

Tags committee, democrat, House Transportation & Infrastructure Committee, Rahall, T&I

Hamburger helper Norfolk Southern style

November 10, 2010 PLATTSBURG, Ohio — Call it hamburger helper after a Norfolk Southern freight train plowed into a herd of cattle on the tracks here near Columbus, killing some 20 of the Black Angus cows, reports the Associated Press. The Associated Press quoted a NS engineer that his train of [...]

Continuing income a concern for retirees

November 10, 2010 After a lifetime of hard work, SMART TD rail, bus and airline members look forward to a secure retirement. In an ideal world, it would be that simple. In the real world, careful planning and attention to detail are essential. Topping the list of retirement concerns are money [...]

Begin your document search early

November 10, 2010 To apply for Railroad Retirement or Social Security benefits, you must provide certain information, and it is suggested you begin the process at least three months prior to your anticipated retirement date. You will need the following information to register successfully for [...]

Do not become a victim of fraud

November 10, 2010 Financial fraud can empty your life savings. Here are 10 steps suggested by best-selling author Charles Murray. Every deal is a potential scam: Recognize that fraud is an act of deceit by one party intended to induce another to part with something of value. Map out your goals [...]

Tags Charles Murray, fraud, life savings, victim

UTUIA helps provide secure retirements

November 10, 2010 How long will you live after you retire, and will you have enough money to live on comfortably? Good question. That’s why – before you retire – you should think about post-retirement economic security, because few things could be worse than money running out [...]

Tags 401K, CalPERS, equity, IRAs, pension, portfolio, retire, retirement, retirement portfolio, Social Security, Tier I Railroad Retirement, Tier II Railroad Retirement, UTUIA

What is Medicare? How do I get started?

November 10, 2010 Medicare is the primary health insurance for retirees and their spouses. It is available for those over age 65, those under 65 with certain disabilities, and those of any age with permanent kidney failure. It consists of Parts A, B, C and D. Part A helps cover inpatient care [...]

Tags HMO, Medicare, PPO, retirees

UP capital expenditures in 2011 to soar 25%

November 9, 2010 Union Pacific will increase its capital spending by 25 percent to $3.25 billion in 2011, reports the Journal of Commerce. UP capital exenditures in 2010 totaled $2.6 billion. UP said it will be purchasing as many as 200 new locomotives in 2011, upgrade numerous corridors to a [...]

Tags capital, capital spending, expenditures, Union Pacific, UP

Intermodal continues to roar for Class I rails

November 9, 2010 Intermodal traffic (trailers and containers carried atop flatcars) continues to roar for Class I railroads. During October, according to the Association of American Railroads, intermodal traffic soared by 14 percent versus October 2009. Weekly during October, according to the [...]

Congress 2011: How will HSR, rail transit fare?

November 9, 2010 WASHINGTON — One of first transportation challenges for federal rail transportation-project advocates — Democrats and Republicans — in the new Congress in 2011 will be how to preserve and allocate seed money for rail transit and high-speed rail projects. Bil [...]