Union Pacific’s $85B deal creates first coast-to-coast railroad network By Daniella Genovese Union Pacific Corporation and Norfolk Southern Corporation announced a landmark merger deal on Tuesday that will create America’s first transcontinental railroad, linking more than 50,000 route miles from coast to coast. To continue reading…
Union Pacific floats transcon merger trial balloons: Analysis
Increasingly detailed leaks and CEO comments test reaction to a potential merger deal with Norfolk Southern Union Pacific appears to be using a familiar playbook that large, publicly traded companies trot out when considering mergers and acquisitions: Send up trial balloons and see how they fly. To continue reading…
House panel wrangles on rail safety technology
Automated track inspection a focus of hearing WASHINGTON — The partisan split over the implementation of technology in the railroad industry was on display during a House subcommittee hearing Tuesday. To continue reading…
STATEMENT FROM TCU/IAM NATIONAL PRESIDENT ARTIE MARATEA REGARDING THE FEDERAL COURT’S DECISION
Statement from TCU/IAM National President Artie Maratea regarding the Federal Court’s decision last night: “We’re relieved that our students will continue to have home. We’ve made a commitment to these kids to give them a way forward, and we intend to honor our commitment. And while we’re pleased the court understands that these kids need […]
JOINT STATEMENT FROM TCU AND IAM UNION ON U.S. LABOR DEPARTMENT’S DECISION TO EFFECTIVELY END JOB CORPS PROGRAM
Brian Bryant, International President of the 600,000-member IAM Union (International Association of Machinists and Aerospace Workers), and Artie Maratea, TCU/IAM National President, issued the following statement on the U.S. Department of Labor’s plan to effectively end the majority of Job Corps programs by June 30, 2025: “4,500 current students were homeless before they found […]
TCU/IAM PRESIDENT MARATEA’S STATEMENT ON RECENT DOL ANNOUNCEMENT REGARDING JOB CORPS
TCU/IAM National President Maratea’s statement on the recent DOL announcement: “I’m deeply saddened by the Administration’s announcement to effectively cancel Job Corps programs as of June 30th. Thousands of at-risk youth rely on this program every year to help lift themselves out of poverty. TCU has operated a small but advanced training program through Job […]
TCU/IAM IS STANDING STRONG FOR OUR MEMBERS ON THE LONG ISLAND RAILROAD
TCU/IAM remains steadfast in its commitment to securing a strong agreement for our members on the Long Island Railroad. “We’ve been at the bargaining table for over a year, and our position is clear,” said TCU National Vice President Nick Peluso. “Our members expect—and deserve—an agreement that reflects the value of their work and brings […]
MAY 2025 UNION PLUS PROGRAMS
Looking for an adventure, TCU/IAM Members can take advantage of the second https://www.unionplus.org/explore/ sweepstakes “Explore Iconic American Cities” Sweepstakes. This sweepstakes is running May 6 through June 6. “Explore Iconic American Cities” will award a $5,000 cash prize and a 3-night stay at Hotel Rumbao in Old San Juan, Puerto Rico. Mother’s Day is May […]
Union Pacific Railroad CEO ‘very comfortable’ working through tariffs
by Stuart Chirls for freightwaves.com DENVER — The chief executive of Union Pacific says his company will work through tariff shocks gripping the economy the same way it worked through the pandemic. To continue reading…
White House forces out CEO of passenger railroad Amtrak
By David Shepardson By David Shepardson WASHINGTON, March 19 (Reuters) – The White House this week forced Amtrak CEO Stephen Gardner to step down as head of the U.S. passenger railroad after President Donald Trumpsought the changes, two sources told Reuters. To continue reading…