Transportation News

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UP improves rail crossing safety

According to a press release from Union Pacific (UP), the railroad’s safety programs have contributed to a 5 percent decline in vehicle-train collisions at crossings for the first half of 2017, as compared to last year. Click here to read more from Union Pacific.

Medicare to issue new cards in 2018 to protect identities of retirees

Whether a person is receiving Medicare through Social Security or through the Railroad Retirement Board (RRB), the patient may be vulnerable to identity theft due to the SSN/RRB Claim number being present on their Medicare card. Soon, you won’t need to worry about someone obt [...]

2017 2nd quarter financial results for Class I railroads

CSX Net Earnings: $510 million or $0.55 per share, up 15 percent from $445 million or $0.47 per share from 2016’s second quarter earnings results Revenue: Increased 8 percent to $2,933 million Operating Income: $958 million, up 14 percent Operating Ratio: 67.4 percent, [...]

RRB: Unemployment and sickness benefits for railroad employees

The Railroad Retirement Board (RRB) administers the Railroad Unemployment Insurance Act, which provides two kinds of benefits for qualified railroaders: unemployment benefits for those who become unemployed but are ready, willing and able to work; and sickness benefits for th [...]

Grupo Mexico acquires Florida East Coast Railway

On July 7, Grupo Mexico S.A.B. de C.V. announced that its Grupo Mexico Transportes S.A. de C.V. unit (GMXT) completed its procurement of Florida East Coast Holdings Corp., parent company of Florida East Coast Railway (FECR). The acquisition had approvals from the Committee on [...]

N.Y. Reps. Suozzi and King address SMART TD

On Monday, July 10, 2017, U.S. Congressmen from the State of New York, Rep. Tom Suozzi (D) and Rep. Peter King (R), addressed SMART TD members and officers at the Eastern Regional Meeting in New York City, Suozzi at the morning opening session and King at the lunch reception. [...]