News Archive
FMCSA to require electronic logging devices across commercial truck and bus industries
WASHINGTON – The U.S. Department of Transportation’s Federal Motor Carrier Safety Administration (FMCSA) announced the adoption of a final rule that will improve roadway safety by employing technology to strengthen commercial truck and bus drivers’ compliance with hours-of-se [...]Warren Buffett’s BNSF considers bid for NS
NewsmaxFinance.com reported that Warren Buffett’s BNSF railroad, owned by Berkshire Hathaway Inc., may offer a competing bid for Norfolk Southern Corp, throwing a wrench in Canadian Pacific Railway’s efforts for a $27 billion takeover of Norfolk Southern. Read the complete a [...]FMCSA requires electronic logging devices
WASHINGTON – The U.S. Department of Transportation’s Federal Motor Carrier Safety Administration (FMCSA) announced the adoption of a final rule that will improve roadway safety by employing technology to strengthen commercial truck and bus drivers’ compliance with hours-of-se [...]Answers sought in Boston Red Line train incident
NECN reported that MassODOT investigators are looking at possible causes of a Boston Red Line train that departed the station and ran for nine minutes without an operator, yet with passengers on board. The incident occurred early morning on Thursday, December 10. The operator [...]Longevity of Railroad Retirement beneficiaries
Every three years, the Railroad Retirement Board’s Chief Actuary conducts a study of the longevity of its annuitants, as part of a valuation of future revenues and benefit payments. The following questions and answers summarize the results of the most recent longevity study. [...]
Pew Research Confirms American Middle Class Is Shrinking
According to a new report from Pew Research, a nonpartisan nonprofit think tank based in Washington, DC, the American middle class has not only shrunk, but it has also lost 30 percent of the wealth it held a generation ago. The report finds that in early 2015, 120.8 million a [...]