The Voice of Transportation Labor
WASHINGTON – The U.S. Surface Transportation Board has determined that only one major railroad – Union Pacific – was “revenue adequate” in calendar year 2010. A railroad is considered “revenue adequate” if it achieves a rate of return on net investment equal to at least the current cost of capital for the railroad industry. Revenue [...]
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 consider risk of their principal along with an anticipated rate of return on their investment. [...]
Elliott NEW YORK – Former UTU Associate General Counsel Dan Elliott, now chairman of the U.S. Surface Transportation Board — the federal agency regulating rail mergers, line sales, abandonments and labor protection — returned to his roots July 4, speaking to more than 500 UTU officers and members attending the union’s eastern regional meeting here. [...]
Notified you are under investigation? Wish to file a grievance? Membership rights question? Click on the “Membership Toolbox” for your answer. … (Read more)
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The Federal Railroad Administration has issued a new report on the status of fatigue among railroad industry employees. In 2001, the FRA began examining the fatigue status of safety-critical railroad employees by using logbooks to collect work and … (Read More)
The dates and locations of the 2013 UTU regional meetings are: July 1-3: Boston, at the Westin Boston Waterfront July 29-31: Anaheim, Calif., at the Hilton Anaheim Members and attendees can now register online for a UTU regional meeting, as well … (Read More)
