Net Earnings: $1.466 billion, a slight increase from the $1.4 billion in 2018’s third quarter Revenue: $6.021 billion, a decrease of 2% from the same period in 2018 Operating Income: $1.9 billion, an increase of 3.3% from the same period in 2018 Operating Expenses: $3.8 [...]
To SMART TD members whose carriers are in national handling: Pursuant to the moratorium provision in the last national agreement, today was the first day the carriers were permitted to serve notice to open the next round of National Bargaining and negotiate a new agreement, a [...]
Disregarding comments by the SMART TD New York Legislative Board to the contrary, the Surface Transportation Board (STB) has granted an exemption to Brookfield Asset Management and DJP XX LLC that clears the way for their acquisition of short-line/regional railroad operator G [...]
State Legislative Director Stu Gardner said that a hearing for opponents of H.B. 186 to appear before the Ohio House Transportation and Public Safety Committee has been scheduled. Opponents are scheduled to give testimony at 11 a.m. Tuesday, Oct. 22 in Ohio Statehouse Room 11 [...]
SMART Transportation Division Virginia State Legislative Director Ronnie Hobbs issued a reminder Oct. 16 that absentee voting in-person or by mail has begun for the state’s Nov. 5 general elections. Voters can cast absentee ballots in person at their local voting regist [...]
A recent poll conducted by RBI Strategies & Research in conjunction with Magellan Strategies found that 61% of those surveyed would support a sales tax increase to fund a passenger rail service project along Colorado’s Front Range. Although a sales tax increase is support [...]
The Federal Motor Carrier Safety Administration (FMCSA) announced in a notice published in the Federal Register on Oct. 2 that it was renewing the charter of its Motor Carrier Safety Advisory Committee (MCSAC) for two years, effective Sept. 27. The MCSAC was established to pr [...]
INDEPENDENCE, Ohio — Hours after a lawsuit by rail carriers targeting our union over crew consist was announced Oct. 3, the Association of General Chairpersons — District 1 unanimously resolved to act in solidarity. The resolution states: “In response to the Carriers’ a [...]
NORTH OLMSTED, Ohio (October 3, 2019) — Today, the nation’s Class I rail carriers, along with a few other railroads, filed suit in federal district court in the Northern District of Texas in an attempt to undermine our collective bargaining agreements as well as the bar [...]
Indiana Rail Road, with the backing of the major rail carrier organizations, has filed suit challenging a law requiring two people on freight crews in Illinois, the Courthouse News Service reported. “The recent history of railroads confirms the wisdom of FRA’s expert de [...]