Category: Transportation
Foxx unveils Build America Investment Center
WASHINGTON – U.S. Transportation Secretary Anthony Foxx today formally unveiled the Department of Transportation’s Build America Transportation Investment Center (BATIC). BATIC will serve as the single point of contact and coordination for states, municipalities and project s [...]House approves six-month FAA funding extension
The House approved a bill on Monday to extend federal aviation funding, which is currently set to expire on Wednesday, until March 2016. The measure, introduced on Friday by House Transportation and Infrastructure Committee Chairman Bill Shuster (R – Pa.), was approved [...]
Private rail pensions may reduce supplemental annuities
Railroad retirement beneficiaries are reminded that receipt of a private railroad pension may reduce the amount of a supplemental annuity payable by the Railroad Retirement Board (RRB). The following questions and answers provide information on this subject, as well as how di [...]Great Lakes Airlines defaults on loan
CHEYENNE, Wyo. – Great Lakes Aviation has defaulted on a $27.5 million loan with Callidus Capital Corp., according to documents filed with the U.S. Securities and Exchange Commission. As a result of the default, the lending company has the right to “take possessio [...]Rail pensions may reduce supplemental annuities
Railroad retirement beneficiaries are reminded that receipt of a private railroad pension may reduce the amount of a supplemental annuity payable by the Railroad Retirement Board (RRB). The following questions and answers provide information on this subject, as well as how di [...]PEB 248 recommends NJT contract terms
Presidential Emergency Board 248 has issued its recommendations to settle the four year contract dispute between New Jersey Transit and the Rail Labor Coalition of fourteen unions representing 4,300 union workers. The recommendations on the major issues of wages and health in [...]Survey finds Americans will use high-speed rail
Washington – If you build high-speed rail in America, they will come. According to a 2015 survey released by the American Public Transportation Association (APTA), if high-speed rail were available today, two-thirds (63 percent) of Americans are likely to use high-speed [...]Save with health flexible spending account
A health flexible spending account (FSA) is a benefit plan that lets you save by putting pre-tax money aside in a special account to help pay for certain medical costs and other health services. This means you can save on what you pay in your annual income taxes. Learn more a [...]