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Railroads receive congressional support in quest to overhaul retirement system (417 words) |
 | Railroads and rail unions expect higher returns on the invested money, thereby permitting improved benefits for employees and reduced taxes for the railroad companies. |
| Railroads said the measure would lower payroll taxes for freight railroads, Amtrak and some commuter railroads by about $400 million a year once the new system is fully phased in. |
| Railroads said the payroll-tax savings would help them boost returns on invested capital, which are still inadequate, and prepare for freight growth. |
| FEDERAL RAILROAD ADMINISTRATION : PASSENGER RAIL (3544 words) |
| The FRA addresses safety concerns in all phases of railroad operationsâthrough research, development, and demonstrations (RD&D), development of new regulations, and enforcement activities to ensure that railroads in the United States continue to be among the worldâs safest. |
| Some of these commuter railroads operate on their own tracks and provide operating rights to freight railroads and Amtrak; others are tenants on trackage owned by freight railroads or Amtrak; and some have both arrangements. |
| Of the total number of reportable railroad accidents in 2000, 38 percent were attributed to human factors causes, 36 percent to track defects, 12.5 percent to equipment failures, 2.3 percent to signals, and 12 percent to âmiscellaneousâ as in Table 1.3.1. |
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