2nd Quarter 2021 Net Earnings: Increased 34% to $1.52 billion from $1.13 billion Earnings Per Share: n/a – not publicly traded Revenue: Increased 26% to $5.81 billion from $4.60 billion Operating Income: Increased 28% to $2.22 billion from $1.73 billion Operating Expenses: In [...]
WASHINGTON, D.C. — The U.S. Senate today passed the Infrastructure Investment and Jobs Act, its $1.2 trillion bipartisan legislation, by a 69-30 vote, sending the bill to the U.S. House of Representatives for consideration and taking a step to end a substantial period of larg [...]
A statement from SMART-TD President Jeremy R. Ferguson on the passing of AFL-CIO President Richard Trumka: “Brother Trumka was a distinguished, energetic and passionate leader — a true force whose presence will be missed by all who knew and worked with him in advancing the so [...]
You’ve probably heard in the news over the past few days that the U.S. Senate has agreed on a new bipartisan infrastructure package. This article is to provide facts, highlight the ongoing differences between the House’s infrastructure bill and the Senate’s infrastructure bil [...]
The AFL-CIO Transportation Trades Department (TTD), of which the SMART Transportation Division is a member, released the following statement to senators from President Greg Regan Aug. 4 as National Transportation Safety Board Member Jennifer Homendy’s nomination as NTSB [...]
On July 28, 2021, a Neutral appointed by the National Mediation Board issued his ruling finding that on certain railroad properties, the current moratoria in those crew consist agreements do not prohibit the railroads from serving a Section 6 Notice regarding crew size. The p [...]
GCA-505 Long Island Rail Road General Chairperson Anthony Simon has teamed up with SMART Sheet Metal Business Managers Dante Dano (SM Local 137) and Eric Meslin (SM Local 28) to plan an annual golf outing in Bronx, N.Y. to benefit LaborPress. LaborPress is one of the largest [...]
WASHINGTON – Chair of the House Committee on Transportation and Infrastructure Peter DeFazio (D-Ore.) sent a letter to the Surface Transportation Board (STB) opposing the approval of a trust for the proposed merger of the Canadian National (CN) and Kansas City Southern ( [...]
U.S. Rep. Peter DeFazio of Oregon, chairman of the House Transportation and Infrastructure Committee, responded to a recent Fortune Magazine column by a pair of economists who defended the rail industry’s Precision Scheduled Railroading (PSR) scheme and accused unions o [...]
Local 1261 in Atlanta is mourning the loss of a longtime local chairperson. Joshua Allen Morstad, 39, passed away Sunday, July 11, 2021, three days after he was injured in an automobile accident while traveling home from work. Brother Morstad was a loyal member of our union f [...]
