Category: Washington
Obama names PEB to investigate rail labor dispute
WASHINGTON — A five-member Presidential Emergency Board was appointed by President Obama Oct. 6 to investigate and make non-binding recommendations in a dispute between 11 rail labor unions and the National Carriers’ Conference Committee, which represents BNSF, CSX, Kan [...]Rail revenue adequacy faces challenge; stocks down
WASHINGTON – Individuals choose bank savings accounts based on the interest rate offered, assuming the investment is secure because no depositor has ever lost their principal on a Federal Deposit Insurance Corp. (FDIC) backed account. By contrast, corporate investors must con [...]
Rail safety concerns? Questions? FRA all ears
CHICAGO — Here is an opportunity to voice your rail safety concerns directly to the administrator of the Federal Railroad Administration. A 90-minute town hall meeting on rail safety will be held Tuesday, Oct. 11, in Chicago. FRA Administrator Joseph Szabo will take que [...]New RRB labor member; NMB nominees await Senate
WASHINGTON – A former secretary-treasurer of the Brotherhood of Railroad Signalmen – Walt Barrows – is the new labor member of the Railroad Retirement Board following his Senate confirmation Sept. 27. He succeeds Butch Speakman, who chose to retire. Barrows began his railroad [...]
Door reopened slightly on high-speed rail funding
WASHINGTON – Just when federal funding for high-speed rail appeared dead as a rusted rail spike, Senate Democratic Leader Dick Durbin of Illinois exercised his clout and reopened the door – if only slightly. On Sept. 20, the Senate Transportation Appropriations Committee vote [...]