NJ Transit will cut 200 jobs and apply an emergency spending
freeze in an attempt to fill a $300 million budget gap. Executive salaries will
be reduced by five percent and contributions to employee 401(k) retirement
accounts will be cut by a third, The Star-Ledger reported.
Although the reductions will save more than $30 million, the
agency is expected to announce service cuts and fare hikes next week, which
could start as soon as May and could be increased by 20 to 30 percent. The
state is also dealing with its own $2.2 billion budget gap and may withhold
close to $33 million in subsidies from the agency.
The 200 union and non-union layoffs represent around two
percent of the 10,500-person workforce at NJ Transit, the nation's
third-largest public transit system. It is the deepest one-year workforce
reduction in the agency's 30-year history.
NJ Transit will hold a series of public
meetings and information sessions around the state later this month. They are
scheduled for 5:30 to 8:30 p.m. March 25 at the Passaic County Community
College Theater in Paterson, NJ Transit headquarters in Newark, the Trenton
Transit Center and the Monmouth County Library in Manalapan; from 5:30 to 8:30
p.m. March 26 at the Frank R. Lautenberg Rail Station in Secaucus, Camden City
Hall, Morristown Town Hall, Long Branch Middle School auditorium and Port
Authority Bus Terminal in New York; and from 1 to 4 p.m. March 27 at Bergen
County Freeholders public meeting room in Hackensack and the Atlantic City Rail
Corporate Responsibility has named Union Pacific Railroad
among its 100 Best Corporate Citizens for 2010. The only railroad named to the
list, Union Pacific is ranked second among all transportation companies and No.
The 100 Best Corporate Citizens for 2010 measures Russell
1000 Index companies in approximately 360 data points across seven categories:
governance, environmental, human rights, employee relations, climate change,
philanthropy and financial. Union
Pacific ranks among the leaders in the governance and financial categories.
The Government of Canada and Via Rail Canada, Inc., are investing
in a new train station at Windsor, Ontario, that will feature improved and
VIA's new Windsor station will be fully accessible and will
be built on a site near the existing building. Scheduled for completion in the
fall of 2011, it will replace a structure originally built by Canadian National
in the early 1960s and expanded by VIA in 1982. The majority of the Can$6
million (US$5,850,804) in funding for the new Windsor station and related
improvements will come from Government of Canada's Economic Action Plan. VIA's
Windsor Station Project is linked with other work currently or soon to be
underway throughout the Quebec-Windsor Corridor, which generates almost 90
percent of VIA's ridership and 75 percent of its revenue. In particular,
announced by VIA last year were improvements to the Chatham Subdivision with
federal funding of $17 million to add a new rail traffic control system and
major improvements to the track structure between Windsor and Chatham.
The construction of the new station is part
of an unprecedented Can$923 million (US$ 900,048,682) capital investment in
passenger rail modernization and expansion by the Government of Canada. This
investment is stimulating job creation, skills development and private sector
activity across the country. Additional infrastructure projects are aimed at
improving service quality and cost efficiency at other points across VIA's
coast-to-coast route network.
MTA New York City Transit
President Thomas F. Prendergast said the agency has made the first in a series
of sweeping structural changes to the Department of Subways, which provides
service to more than five million average daily riders. The move is intended to
make certain that all critical maintenance functions are fully and completely
performed in the areas of power, track, signals, communications and subway cars
while ensuring that the Department of Subways focuses strongly on reaching the
goals committed to by MTA Chairman Jay H. Walder in his 100 Day Report,
"Making Every Dollar Count."
For Faith Rawley, the
difference between life before and after the merger of the Canadian National
Railroad and the EJ&E railway is measured in vibrations, the Daily Herald
It's the great train
robbery -- and the feds are the stickup artists, according to the New York
Post. Federal and congressional officials are demanding that the cash-strapped
MTA drop $700 million on a safety program for Metro-North and LIRR that the
agency insists it doesn't need, according to sources and memos.