Net Earnings: $445 million or $0.47 per share; down from $533 million or $0.56 per share Revenue: Down 12 percent Operating Income: Down 17 percent to $840 million Operating Ratio: Increased 210 basis points to 68.9 percent Click here to read CSX’s full earnings report. [...]
“Donald Trump says he’ll make America great by being tough on trade, building things and creating jobs. Sure, it sounds good, but Trump is forgetting one thing: actions really do speak louder than words. Not only has Trump failed to share any semblance of a plan for how [...]
The Federal Railroad Administration (FRA) announced a Finding of No Significant Impact on the Northern New England Intercity Rail Initiative (Initiative). This will enable states in the New England region, in partnership with the federal government, to develop plans for and i [...]
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 [...]
On Friday, July 15, John Risch, National Legislative Director with SMART TD, testified before the Federal Railroad Administration (FRA) in Washington, DC, in strong support of a minimum two-person crew mandate for freight and passenger trains. It may take months for the FRA b [...]
Eleven unions filed petitions in a local W.Va. court arguing that the state’s new “Right-to-work” law amounts to an illegal seizure of their property and resources. The bill was vetoed by Governor Earl Ray Tomblin, however, his veto was overrode by a Republican majority in th [...]
SMART Transportation Division Local 60 at Newark, N.J., has scheduled a motorcycle bike run for Saturday, July 16. Proceeds from the bike run will go to support the charity, Railmen for Children. The ride is open to anyone who wishes to participate. The cost is $20 per rider, [...]
The official website of SMART Transportation Division, www.utu.org, is moving to smart-union.org/td. In preparation for this move, both www.utu.org and smart-union.org/td will not be updated after close of business July 8 until further notice. During this period, important ne [...]
Conductor Kenneth Paul “K.P.” Smith Jr., 59, of Local 1313 at Amarillo, Texas, died last week (June 28) when two BNSF trains crashed just outside of Amarillo. Two others, Cody Owens, 52, and Lara Gayle Taylor, 45, also died in the crash. Owens and Taylor were form [...]
SMART Transportation Division has partnered with MetLife to bring our Rail and Bus members the most comprehensive and cost-effective Voluntary Long-Term Disability plans. VLTD insurance helps you protect your income if you suddenly have to stop working due to an accident or i [...]
