Union Pacific and two unions, the National Conference of Firemen and Oilers (NCFO) and the Brotherhood of Railway Carmen, reached sick leave agreements over the weekend (BRC). The agreements will take effect on April 1, according to UP. They demand that the two unions be granted up to seven paid...
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Buttigieg: Expect more federal rail safety regulation.
Federal officials and Democratic lawmakers are hinting that more freight railroad regulation is on the way as leaders investigate the safety procedures surrounding trains transporting hazardous materials. The federal investigation into rail safety comes as Norfolk Southern (NYSE: NSC), federal, state, and local officials, and the local community work to...
Illinois legislators want regulators to postpone a decision on the CP-KCS merger.
Four Illinois congressional leaders have asked the Surface Transportation Board to postpone a decision on whether to approve the merger of Canadian Pacific and Kansas City Southern due to concerns about the data used in the board's environmental impact statement (EIS). The Illinois delegation, which includes U.S. Senate Majority Whip...