Tag: Coronavirus

Union Pacific confirms layoffs

‘Workforce reduction’ comes amid implementation of precision scheduled railroading By Joanna Marsh for freightwaves.com Union Pacific (NYSE: UNP) confirmed that it has laid off employees across its network, although it didn’t provide details about how many were laid off and where. The railroad attributed the “workforce reduction” to its broader efforts to implement precision scheduled railroading, an operational […]

Amtrak tightens mask requirement

Amtrak last week joined U.S. airlines in tightening requirements that passengers wear face coverings to help slow the spread of coronavirus infections.  The nation’s intercity passenger railroad now says passengers may be removed or banned from trains for not wearing masks. In May, Amtrak began requiring riders to wear masks, but allowed riders to remove them […]

Average CEO pay soars; will the climb slow now with coronavirus pandemic?

The Associated PressMay 28, 2020 The typical pay package for CEOs at the biggest U.S. companies topped $12.3 million last year, and the gap between the boss and their workforces widened further, according to AP’s annual survey of executive compensation. Median pay for CEOs in the survey climbed 4.1% last year. For typical workers at […]

Amtrak to cut up to 20 percent of workforce as coronavirus takes toll

The reductions will total 3,700 jobs. By Luz Lazo for washingtonpost.com Amtrak is reducing up to 20 percent of its staff, the company said, as the coronavirus crisis wreaks havoc on the passenger railroad serviceand substantially cuts into its revenue. The reductions will amount to 3,700 jobs. In an email to the company’s 18,500 workers, chief executive William J. […]

House spending bill would boost transit, Amtrak, highways

By Jessica Wehrman for rollcall.com With Republicans in charge of the Senate and White House, it’s unlikely that all of the measure’s provisions will become law House Democrats’ newest proposal for coronavirus recovery spending would use federal law to compel passengers and workers on Amtrak, transit and airplanes to wear face masks, and would give an […]

St. Louis Region’s Freight Network Delivers Essential Shipments During COVID-19 Pandemic

Goods continue to move to and through the bi-state area, underscoring the adaptability of the network and how those employed in the freight sector are among the essential workers keeping our economy moving As the COVID-19 pandemic continues to impact the movement of goods into, out of and throughout the United States, the consistent response […]

RRB Labor Member: Enhanced Benefit Payments Expected by End of May

The Coronavirus Aid, Relief, and Economic Security Act, or CARES Act, recently signed into law by President Trump, authorized extended unemployment insurance (UI) benefits for railroad workers sidelined during the COVID-19 pandemic. After making necessary programming changes to agency systems, the U.S. Railroad Retirement Board (RRB) began processing and paying extended benefits on May 11. […]

TCU Joins Rail Labor in Asking Amtrak to Increase Death Benefit for Employees Due to COVID-19

In a recent letter to Amtrak President and CEO William Flynn, Rail Labor asks for Amtrak to increase the death benefits for employees that pass away due to COVID-19. The letter states: Rail transit systems, railroads and bus operation systems in the United States are experiencing a crisis like never before. Transportation employees are facing […]

Union Pacific laying off employees in Little Rock

LITTLE ROCK, Ark. (AP) — A company representative says Union Pacific Corp. is furloughing most of the staff at its facility in Little Rock that repairs the railroad’s locomotives after seeing a substantial drop in business volume because of the coronavirus pandemic. Kristen South is the Nebraska-based railroad’s senior director for corporate communications and media relations. […]

Amtrak to Lose $700 Million in Fiscal 2020 Even After Coronavirus Support

By Reuters   WASHINGTON — U.S. national railroad Amtrak, which received $1 billion in emergency funding this month from Congress, said on Thursday it expects to lose at least $700 million in operating earnings in this budget year due to the effects of the coronavirus. An Amtrak spokeswoman said that ridership has dropped by roughly […]

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